A new combo crypto ETF proposal includes some XRP exposure
on Bitwise's recent ETF filing that includes exposure to the XRP token."XRP, BTC, ETH, SOL — that's the alphabet soup I like to see," Garlinghouse said in his social media post.
Apart from the cryptocurrencies mentioned by Garlinghouse, the publicly traded trust also includes Cardano , Avalanche , Bitcoin Cash , Chainlink , Polkadot , and Uniswap . However, all of these tokens constitute only a smart part of the trust . XRP itself has a 1.6% weighting. Ripple CEO: “The US Is Ready to Be The Crypto Capital of The World”As reported by U.Today, ETF analyst Eric Balchunas opined that there was some room to maneuver when it comes to illiquid assets such as XRP.
Earlier this Friday, it reached a new 2024 high of $0.88, surging by more than 20% within a single day.
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