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Bitwise Makes Biggest XRP Purchase in October

Bitwise Makes Biggest XRP Purchase in October

Photo: U.Today

Bitwise has expanded its XRP exposure again as institutional investors appear to have shown renewed interest during the last ETF trading session. After a few days of staying silent, recent market data shows that Bitwise has bought more XRP than it has done so far this month, even though the market is currently volatile. Although XRP has failed to sustain the uptrend seen during the weekend, institutional investors remain convinced about its future price potential. As such, they have continued to expand their XRP exposure through Bitwise, as data shows that Bitwise has bought over $10.55 million worth of XRP.

Source: U.Today

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