XRP witnessed a price increase as Bitwise officially announced the launch of its new spot XRP ETF today, November 20, 2025. This development has stirred excitement within the cryptocurrency community, reflecting growing institutional interest in the XRP asset.
Prior to the ETF announcement, XRP was experiencing a decline, trading at approximately $2.09. However, following the news, its value rose to $2.14, marking a 2.4% increase within the last 24 hours, according to data from CoinGecko.
Significance of the Bitwise ETF Launch
The introduction of the Bitwise XRP ETF on NYSE Arca signifies a pivotal moment for both the XRP community and the broader cryptocurrency landscape. While not the first spot XRP ETF to debut in the United States—Canary Capital previously launched one on Nasdaq under the ticker XRPC—the entry of Bitwise represents a noteworthy shift towards larger-scale, institution-focused products.
The increasing number of XRP ETFs reflects a growing confidence in XRP as a viable digital asset, particularly following the resolution of the Ripple vs. SEC lawsuit, which had previously cast doubt on the token”s regulatory status. With the lawsuit”s conclusion, institutional investors are now more willing to explore XRP related investment vehicles.
Details on the ETF Structure
Bitwise”s ETF will initially feature a management fee of 0.34%, which will be waived for the first month on up to $500 million in assets. This strategy aims to entice early investors and maximize inflows during the early stages of the fund. The ETF is designed to offer direct exposure to XRP, the fourth-largest cryptocurrency by market capitalization, with aspirations of tapping into the $250 trillion global cross-border payment market.
Market Expectations and Analyst Insights
Despite the positive news surrounding the ETF launch, crypto analyst Arthur cautioned XRP holders against expecting immediate price surges. He mentioned that the effects of ETF inflows on the token”s price may take weeks or even months to materialize, emphasizing the importance of patience as the market stabilizes. Short-term fluctuations should be viewed as mere noise rather than indicative of long-term trends.
Additionally, Grayscale has teased the impending launch of its own XRP Trust ETF ($GXRP), suggesting more institutional products may follow shortly. With developments like these on the horizon, the landscape for XRP and related financial products appears increasingly promising.
