🚀 XRP's rollercoaster ride continues! Despite Bitwise's exciting ETF filing, regulatory clouds loom large. 🌩️

Bitwise's move to invest in XRP via an ETF was a beacon of hope, but the SEC's appeal against Ripple Labs' recent win has cast a shadow. XRP tumbled 11% to 53.7 cents, making it the third worst-performing crypto among the top 100.

Options traders are feeling the heat too, with a bearish skew indicating fear of further drops. What are your thoughts on XRP's future? Share in the comments! #Crypto #XRP #Blockchain