Crypto Index Fund

Bitwise crypto index fund liquidates its XRP position

Crypto fund manager Bitwise announced that the firm’s Bitwise 10 Crypto Index Fund has liquidated its position in XRP.  Recently, US Securities and Exchange Commission accused Ripple and two of its executives that they allegedly raised over $1.3 billion through an unregistered, “ongoing” securities offering. Bitwise’s decision was a result of the SEC charges. The firm...
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