๐ **Crypto News Flash: Bitwise Takes Steps Toward XRP ETF!**
Bitwise, a crypto-native asset manager, is making moves to create an exchange-traded fund (ETF) tracking XRP, the token closely linked with Ripple. The firm registered a trust entity in Delaware, a crucial first step toward listing and trading ETF shares.
- **Legit Confirmation**: A Bitwise spokesperson confirmed the filing is authentic.
- **Past Rumors**: Previous XRP ETF rumors turned out false, like the November BlackRock filing.
- **Market Impact**: Despite the news, XRP's price remained stable, even as the broader market saw declines.
What are your thoughts on an XRP ETF? Drop your comments below! ๐ฌ