Ripple to Invest in Bitwise XRP ETF as Profit-Taking Hits High
As the cryptocurrency continues to have a dominant bull rally, Ripple has announced an investment in Bitwise XRP ETF as profit-taking for the asset has reached a record. Indeed, over the last 30 days, the crypto has surged more than 175% to surge above the $1.43 price point, according to CoinMarketCap. The digital asset sector has enjoyed a phenomenal November thus far. Following the 2024 presidential election outcome, Bitcoin surged to a near $100,000 all-time high. Although it has retreated in recent days, the market has enjoyed a similar bull rally. Now, XRP is surging amidst news of its recent investment in a rebranded exchange-traded fund. https://twitter.com/WatcherGuru/status/1861768153174245501 Also Read: Three Reasons Why Ripple (XRP) Could Reach $5 Ripple Announces Investment in Rebranded Bitwise XRP ETF as Asset Keeps Soaring It has certainly been an interesting last year for XRP. The asset was the subject of a years-long legal battle with the US Securities and Exchange Comm...