XRP News Today: SEC's Clarity Ignites XRP ETF Surge, Reshaping Altcoin Investment Landscape

The Bitwise XRP Spot ETF, trading under the ticker symbol XRP, began trading on the New York Stock Exchange on November 20, 2025, with a management fee of 0.34% that is waived for the first month on the first $500 million in assets. The fund, managed by Bitwise Asset Management, provides investors with direct exposure to XRP, the third-largest cryptocurrency by market capitalization, which currently stands at $127.3 billion. The ETF's launch follows a surge in altcoin-focused exchange-traded products (ETPs) in the U.S., driven by updated Securities and Exchange Commission (SEC) guidance that streamlined the approval process for crypto-related funds.

XRP's appeal lies in its long-term operational success, low-cost transaction processing, and its role in the XRP Ledger, a blockchain designed to facilitate cross-border payments and asset tokenization. The XRP Ledger has processed over 4 billion transactions, with an average daily volume of $1.9 billion and settlement times of 3–5 seconds. Bitwise CIO Matt Hougan emphasized XRP's potential to disrupt the $250 trillion cross-border payments market, noting its strong community support and cost efficiency.

The Bitwise XRP ETF joins a growing list of XRP-focused products. Canary Capital's XRPC ETF, launched on November 14, 2025, attracted $250 million in first-day inflows, the largest debut for any ETF in 2025. Grayscale and Franklin Templeton are also set to debut their XRP ETFs on November 24, 2025, with Grayscale's GXRP transitioning from a trust to a spot ETF model. These coordinated launches highlight the rapid expansion of regulated crypto investment vehicles, particularly as institutions seek exposure to altcoins beyond Bitcoin and Ethereum.

The SEC's recent approval of the Bitwise 10 Crypto Index ETF, which includes 4.97% exposure to XRP, further underscores the agency's gradual acceptance of diversified crypto portfolios. This fund, holding assets like Bitcoin, Ethereum, and Solana, reflects growing institutional interest in multi-asset crypto strategies. Analysts attribute the XRP ETF rush to Ripple's regulatory victories and the broader market's demand for innovative payment solutions.

Bitwise's XRP ETF is its second product focused on the asset, following the 2022 launch of the Bitwise Physical XRP ETP (GXRP) in Europe. The firm's U.S. offering, however, marks a significant step in expanding retail and institutional access to XRP, particularly as the asset competes with other altcoins like Solana for market share. With six spot Solana ETFs already launched since October 2025 and $420.4 million in net inflows, the altcoin ETF landscape is increasingly competitive.

The XRP ETF's fee waiver for initial inflows aims to attract early adopters, while its listing on the Bloomberg terminal signals institutional readiness. Analysts predict continued momentum for XRP and other altcoin ETFs in 2026, as regulatory clarity and market demand converge to reshape crypto investing.