$XRP Price Analysis and ETF Development
Digital asset management company Bitwise is planning to launch an XRP spot ETF in the near future as part of President-elect Donald Trump’s pro-crypto administration.
Also, WisdomTree debuted its latest cryptocurrency exchange-traded product (ETP) on Deutsche Börse Xetra, Swiss Stock Exchange SIX, and the Euronext exchanges in Paris and Amsterdam. The ETP is 100% backed by the XRP token. The Relative Strength Index (RSI) is reading 89.19, meaning that bulls are generally in control of XRP’s price action. While the altcoin is overbought at the time of writing, the gradient of the line suggests that higher prices are definitely possible in both the short and long term.
