**Bitwise Files for First XRP ETF with SEC**

Cryptocurrency asset manager Bitwise has taken a significant step by filing for the first-ever XRP exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). If approved, the Bitwise XRP ETF aims to offer investors exposure to XRP's value, minus operational expenses and liabilities.

Bitwise CEO Hunter Horsley expressed excitement, stating, "We believe blockchains will bring new, apolitical monetary assets and permissionless applications for the 21st century." This move continues Bitwise's seven-year mission to help investors tap into blockchain opportunities.

Stay tuned for updates as this story develops.