XRP

This ticker represents the Bitwise XRP ETF, a fund traded on a stock exchange that holds the cryptocurrency XRP so investors can bet on its price without buying and storing the coin themselves. XRP itself is a digital token created by the company Ripple, originally built to help banks move money across borders faster and cheaper than traditional wire transfers. The fund makes money for its sponsor through a small management fee, while investors gain or lose based purely on how XRP's price moves.