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>>XRP Outlook: Launch of a New XRP ETF on the NYSE Poised to Attract Billions from Wall Street.

XRP Outlook: Launch of a New XRP ETF on the NYSE Poised to Attract Billions from Wall Street.

crypthub

about 7 hours ago

Bitwise XRP ETF Launch

The new Bitwise XRP ETF (ticker $XRP) began trading on the NYSE, offering investors direct spot exposure to XRP. Within hours it gathered $100 million in assets, adding to the firm’s existing Bitwise Physical XRP ETP, which already manages about $230 million. The rapid inflow reflects strong Wall Street interest in the cryptocurrency as a payment‑system disruptor.

Market Conditions and Price Outlook

XRP fell 10% to $1.80 amid a broader crypto sell‑off triggered by the Fed’s shift on interest rates. Momentum indicators show deep oversold conditions, with the RSI dropping to 24 on lower time frames. Traders watch a potential double‑bottom around $1.77 that could spark a bounce toward $2.30, a 21% gain. Despite volatility, buying the dip is seen as a strategic move for long‑term holders.

Best Wallet Token Update

Best Wallet Token ($BEST) expands its utility by granting access to early presales, low‑fee swaps, and a built‑in DEX covering 60+ blockchains. The project raised $17 million and plans to launch additional features such as the Best Card for everyday crypto spending. The presale closes in seven days, with purchases possible via USDT, ETH or bank card through the official site.