In a recent conversation, a senior strategist from Bitwise discussed the firm's acquisition of the XRP ETF ticker—a significant milestone in Ripple's token gaining mainstream institutional recognition. The move reflects a calculated strategy: "We knew we were heading in this direction." This signals how major asset managers are positioning themselves around XRP, capitalizing on growing demand for regulated cryptocurrency exposure. The ETF approval represents another step in bridging traditional finance and digital assets, with XRP becoming increasingly attractive to institutional investors seeking diversified crypto allocations.