Ripple Transaction Volume Skyrockets but What Does it Mean for the XRP Price?

Ripple Transaction Volume Skyrockets but What Does it Mean for the XRP Price?

This week, Bitwise registered a trust entity called “XRP ETF” in Delaware. The following day, the asset manager filed an S-1 form with the US Securities and Exchange Commission, a necessary step for companies aiming to launch a new security and list it on a public stock exchange. As a result, the optimism surrounding a…