Bitwise Asset Management is positioning itself for the launch of an XRP spot ETF, showing confidence in XRP's future as Ripple's legal battle with the SEC nears its end. Bitwise's CIO, Matt Hougan, highlighted XRP's resilience and potential, citing its strong community and advanced technology. He also mentioned that XRP is gaining attention from traditional financial institutions, with Société Générale integrating its stablecoin into the XRP Ledger. Hougan believes that XRP's full potential has yet to be realized due to the ongoing legal battle and envisions an asset that can showcase untapped liquidity and market appeal in a post-SEC lawsuit environment. Bitwise's filing for an XRP ETF reflects its calculated approach and belief in a viable pathway to approval under a new administration in 2025. Hougan also expressed optimism about expanding the range of assets available in ETPs, acknowledging the unique regulatory hurdles faced by altcoins.



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