Bitwise Asset Management announced the official debut of its XRP ETF on the New York Stock Exchange on November 20, under ticker XRP. The product recorded notable first-day trading volume, marking a strong market entry. The ETF carries a 0.34% annual management fee, waived until assets under management reach $500 million. This offering becomes Bitwise’s 49th cryptocurrency investment product across the U.S. and Europe, aiming to expand regulated digital asset access for investors.