Ripple News: XRP Joins Bitwise 10 Index, Signaling Mainstream Adoption
XRP just snagged a spot in the Bitwise 10 Crypto Index—Wall Street's watching.
The Institutional Stamp
Bitwise doesn't add tokens on a whim. Their index acts as a curated gateway for big money. XRP's inclusion isn't just a listing; it's a signal that institutional frameworks are adapting, whether traditional finance likes it or not. The index reshuffles quarterly, so this is a vote of confidence in staying power, not just a fleeting pump.
What This Actually Means
Forget the hype. This move funnels real capital. Fund managers tracking the index now have to buy XRP to match their benchmark—creating automatic, recurring demand from players who think in fiscal years, not 15-minute charts. It legitimizes the asset in portfolios that once dismissed anything outside of Bitcoin and Ethereum as pure speculation.
The Ripple Effect
This isn't happening in a vacuum. Regulatory clarity, however messy, paved the way. The index inclusion bypasses the daily noise and positions XRP alongside the established giants. It tells a story of maturation, even as the SEC likely drafts its next motion—because in finance, the paperwork never stops, even when the market's moved on.
Mainstream adoption isn't a splashy headline; it's a quiet line item on an institutional balance sheet. Today, XRP earned its line.
XRP got a big boost after Bitwise Asset Management added it to its Bitwise 10 crypto Index Fund (BITW). This fund, listed on the regulated NYSE Arca exchange, lets traditional investors invest in the top 10 cryptocurrencies without buying them directly.
XRP now makes up 5.17% of the fund, making it the third-largest holding after Bitcoin and Ethereum. This move shows growing confidence from institutional investors and strengthens XRP’s role in mainstream crypto portfolios.
XRP. One of the world’s longest-running crypto assets, with the potential to reshape how money moves worldwide.
Now in the Bitwise 10 Crypto Index ETF (NYSE: BITW). pic.twitter.com/aUALd8GOTm
Signals of Mainstream Adoption
XRP’s presence in BITW reflects crypto’s shift from niche markets into mainstream finance. Multi-asset ETFs like BITW provide investors with a regulated way to diversify across top-performing cryptocurrencies. Monthly rebalancing ensures that only the strongest assets are included, emphasizing XRP’s growing relevance as the market matures.
XRP ETF Milestones
XRP’s momentum is further supported by the launch of U.S. spot-based XRP ETFs, which quickly reached $1 billion in assets under management, the fastest after Ethereum. Ripple CEO Brad Garlinghouse highlighted that these ETFs are attracting increasing interest from traditional investors, reinforcing XRP’s institutional appeal and signaling broader market adoption.
XRP Price, Technical Outlook
XRP is currently consolidating in the mid-$2 range. Short-term indicators show limited strength, but the $1.90–$2.00 support zone provides a solid floor. Traders will look for a breakout above $2.22–$2.30 to confirm upward momentum. With growing institutional backing, XRP could have the catalyst needed for a sustained MOVE higher.
Never Miss a Beat in the Crypto World!Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.