Update
Bitwise Buys XRP After Multiple Days of Silence
Leading asset management firms Bitwise and Franklin Templeton have both increased their XRP holdings following a positive resurgence in the XRP ETF market. Bitwise purchased 2.23 million XRP worth about $2.86 million, marking a return to buying activity after five consecutive days without reported inflows. Franklin Templeton also contributed to the latest inflows, buying up to 4.34 million XRP worth about $5.57 million on the same day. The combined net inflows of XRP ETFs have reached about $1.81 billion, with their net assets reaching $1.47 billion.