Bitwise announces details of the XRP ETF, with a management fee of 0.34% and stock code XRP

Bitwise Asset Management, a cryptocurrency asset management company, announced the details of the upcoming Bitwise XRP ETF, which has a management fee of 0.34% (no management fee until assets under management reach $500 million), and will be listed on the New York Stock Exchange under the ticker symbol XRP. It is reported that the XRP ETF is also the 49th cryptocurrency investment product launched by Bitwise in the United States and Europe.