A new exchange-traded fund (ETF) for XRP just hit the trading floor. This time, the firm behind it is Bitwise. Just a few hours after its launch, the fund has attracted $100 million in assets, favoring a bullish XRP price prediction.
Bitwise already had an exchange-traded product (ETP) linked to XRP – the Bitwise Physical XRP ETP.
This product managed $230 million in assets for investors, reflecting Wall Street’s existing appetite for the altcoin.
Milestone day for the XRP community!
This morning, the Bitwise XRP ETF began trading on NYSE (ticker: $XRP). With today’s launch, investors have a new, convenient way to get spot exposure to XRP, the crypto asset looking to disrupt the $250 trillion market for global payments.… pic.twitter.com/DA295tl6tO— Bitwise (@BitwiseInvest) November 20, 2025
The launch occurs at a time when the crypto market is dipping hard. The market has panicked over the Federal Reserve’s change of heart concerning its interest rate decision in December.
XRP Price Prediction: XRP Could Be Ready to Bounce Back as Momentum Readings Hit the Extremes
XRP has dropped 10% to $1.80 as heavy selling pressure drags the market lower.
After breaking below a key trend line, the price appears headed for $1.77 — the level hit during the October 10 flash crash.
Trading volume has surged 48% to nearly $9 billion in the past 24 hours, now making up 8% of XRP’s circulating supply.
Momentum is now deeply oversold.
The Relative Strength Index has crashed to 24 on lower time frames, a level that often precedes short-term bounces.
If XRP holds here and forms a double bottom, the path to recovery could target the $2.30 zone, offering a potential 21% rebound from current prices.
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