Bitwise nennt XRP ETP um – Ripple invests in the product

• Bitwise is a European product palette that starts with the physical XRP ETP
• Ripple Allows Investment in Bitwise Physical XRP ETP and

November 27, 2024, Frankfurt. Bitwise Asset Management offers the opportunity to sell a European XRP product (Ticker GXRP; ISIN DE000A3GYNB0) to a rebranded rebranding of the European product palette. With this idea from Ripple, an improved digital display infrastructure, it is possible to invest in the Bitwise Physical XRP ETP (ehemals ETC Group Physical XRP).

XRP is the world’s largest cryptocurrency asset with a market capitalization of more than US$80 million. The Kryptowährung has developed the added value of XRP-Ledgers (XRPL), which deals with the cross-border lending, institutional DeFi and tokenization in the real world, which has a popular popularity. The Blockchain technology

Europäische analysis of Bitwise (ehemals ETC Group) in the year 2022 with the generation of basic prospects through the German financial vision for a 100% physically underlying GXRP ETP in XRP investment.

Hunter Horsley, CEO and Mitgründer von Bitwise, comments: “XRP and the XRP Ledger are based on the proven and proven Blockchains in the Cryptoworld. With the 10-year Erfolgsgeschichte in Sachen Zuverlässigkeit and gleichzeitig standard erweiterten Fähigkeiten, the XRPL is einzigartig. If you use the Bitwise Physical XRP ETP (GXRP), you can generate one of the institutional investments that increase the quality of your digital assets.”

Brad Garlinghouse, CEO of Ripple, comments: “The large amount of new engagements in the Krypto anlage class is in 2024, will have an interesting interest and a crypto-founded anlage boats, which have emerged. Due to the regulatory oversight of Kryptowährungen in the US, it is more clear that the trend is not getting better and the fragments towards Krypto-ETPs that are the bitwise physical XRP ETP are weiter. As one of the best, most liquid and utility-oriented digital assets, XRP and its Spitze dynamic force is one of the best options for those things that are as good as a real utility.”

Bitwise achieved a strong forecast in the year 2024 and exceeded the mark of 10 billion US dollars and overall power. Our colleagues established the European ETP issuers with the ETC Group in August and merged their European ETP portfolio. Gleichzeitig wird Bitwise seine Geschäftstätigkeit in Europa strategic ausbauen. Bitwise plans the Einführung newer classic Krypto ETPs. As of November 19, 2024, the Bitwise Aptos Staking ETP has appeared on the SIX Swiss Exchange trading. In the US, there is a stock exchange (S-1 Formular) available for an XRP Spot ETF.

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The product in the packaging

More information about GXRP can be found there Product page.

You will find the complete product list with all brand and trade information here.

Uber Bitwise

Bitwise is one of the welfare effects that can be applied to special Kryptow hrungen wealth destroyers. Family agencies and institutional institutions have appealed for the financing of their financial situation, while the chance of Kryptowährungen to verstehen und nutzen. Since 2017, Bitwise has developed an investment portfolio in the sale of a wide range of index and active assets on ETPs, individual linked shares, private funds and hedge fund strategies – including in the US in Europe.

In Europe, Bitwise (ehemals ETC Group) has developed a great interest and innovative development of Krypto-ETPs in the four years, with Europe’s largest and most liquid Bitcoin-ETP or the first diversification of Krypto-Basket-ETP, an MSCI Digital Assets -Index is nachbildet.

This family of Krypto-ETPs is based in Germany and from the BaFin Zugelassen. We can use renowned companies to merge and set up the traditional financial sector so that 100% of the storage can be stored securely and offline (cold storage) when stored regularly.

Resources contact:

SCHWARZ Financial communications
Frank Schwarz
Phone: 49 611 580 29290
(email protected)

Important information
This article does not constitute investment advice, nor an offer or invitation to purchase financial products. This article is published by Bitwise Europe GmbH (“BEU”), a limited liability company incorporated in Germany, for information purposes only and in accordance with all applicable laws and regulations. BEU makes no express or implied warranty or guarantee as to the fairness, accuracy, completeness or correctness of this article or the opinions contained therein. You are advised not to rely on the fairness, accuracy, completeness or correctness of this article or the opinions contained therein. Please note that this article is not investment advice, nor an offer or solicitation to acquire financial products or cryptocurrencies.

Before investing in crypto Exchange Traded Products (“ETPs”), potential investors should consider the following:
Potential investors should obtain independent advice and consider the relevant information in the base prospectus and final terms for the ETPs, especially the risk factors. ETPs issued by BEU are only suitable for individuals who have experience investing in cryptocurrencies. The risks of investing can be found in the prospectus and final terms available at www.etc-group.com. The invested capital is at risk and losses up to the amount invested are possible. ETPs backed by cryptocurrencies are highly volatile assets and performance is unpredictable. Past performance is not a reliable indicator of future performance. The market price of ETPs will vary and they do not provide a fixed income and do not exactly match the performance of the underlying cryptocurrency. Investing in ETPs involves numerous risks, including general market risks relating to underlying, adverse price movements, currency, liquidity, operational, legal and regulatory risks.

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