Bitwise’s XRP ETP Filing Spurs Whale Activity And Transaction Surge

Bitwise’s XRP ETP Filing Spurs Whale Activity And Transaction Surge

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Source: TheMerkle.com

Bitwise’s recent filing for an XRP ETP (Exchange-Traded Product), not to be confused with an ETF (Exchange-Traded Fund), has triggered a notable on-chain reaction.

The filing coincides with increased whale activity and social media buzz, alongside an impressive $2.39 billion in transaction volume—the highest in eight months.

These signals hint at possible bullish momentum for XRP, though a true rally may only occur once the initial wave of crowd FOMO

Read More https://themerkle.com/bitwises-xrp-etp-filing-spurs-whale-activity-and-transaction-surge/

The post "Bitwise’s XRP ETP Filing Spurs Whale Activity And Transaction Surge" appeared first here TheMerkle.com.

Source: TheMerkle.com

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