XRP Added to Bitwise 10 Crypto Index Fund, Gains Institutional Backing
Bitwise Asset Management confirmed on December 9 that XRP has been added to the Bitwise 10 Crypto Index Fund (BITW). The inclusion places XRP alongside the fund’s other top-cap digital assets and makes it accessible to investors who use BITW for diversified, passive exposure rather than buying the token directly. For XRP, that means potential demand from institutional and retail investors who allocate to index products.
This change underscores growing institutional confidence in XRP after years of regulatory scrutiny and highlights a broader trend of major managers expanding crypto lineups. While inclusion does not guarantee price appreciation, it can improve liquidity and raise the token’s profile among portfolio managers and fund flows. Market participants will watch BITW’s rebalancing and inflows to gauge how much capital follows the new weighting.