Ripple announces investment in Bitwise's XRP exchange-traded product (ETP). Previously, Bitwise announced the renaming of its European XRP ETP, with ETC Group Physical XRP being renamed to Bitwise Physical XRP ETP. Its code GXRP will remain unchanged. Bitwise Physical XRP ETP aims to provide European investors with exposure to XRP through a physically-backed product holding the underlying asset. (Cointelegraph)