Tag Archives: bitwise

Crypto News: Bitwise CEO Says Four-Year Crypto Cycle Is Dead

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**Bitwise CEO Hunter Horsley Declares the Four-Year Crypto Cycle Dead, Citing Market Maturity Driven by Bitcoin ETFs and Regulatory Shifts**

Hunter Horsley, CEO of investment firm Bitwise, has declared that the traditional four-year crypto cycle is no longer relevant. According to Horsley, this cycle has been replaced by a more mature market structure shaped by the introduction of Bitcoin ETFs and significant regulatory changes in the United States.

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### A New Market Structure Emerges

In a recent post on X (formerly Twitter), Horsley explained that the old four-year market cycle belongs to a “bygone era” of cryptocurrency. He emphasized that the market has evolved considerably, stating:

> “Since the introduction of the Bitcoin ETFs and new administration, we’ve seen a new market structure, new players, new dynamics, new reasons people buy and sell.”

This shift marks a fundamental change in how the crypto market functions. The landscape now includes fresh participants and novel market behaviors, moving away from the volatility often driven by retail investors in the past.

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### Optimism Amid Recent Market Turbulence

Despite the sharp downturn in asset prices and investor sentiment observed during October and November, Horsley remains optimistic about the crypto market’s long-term fundamentals. He suggested that the market has likely been in a bear phase for almost six months and that the end of this phase is near.

“The setup for crypto right now has never been better,” Horsley commented, highlighting the positive outlook despite recent challenges.

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### Institutional Adoption and Regulatory Tailwinds

A major driver behind this market evolution is the growing involvement of institutional investors. Unlike previous cycles primarily influenced by retail traders, today’s crypto market sees substantial capital inflows from large institutions. This influx brings different trading patterns and stability to the market.

Regulatory clarity has also improved, shifting from a historical headwind to a supportive tailwind for crypto assets. The pro-crypto regulatory pivot, particularly in the U.S., fosters a constructive environment for investors. According to Horsley, the White House and lawmakers are playing an active role in shaping policies that facilitate more open interaction with cryptocurrencies.

This positive regulatory climate is a game-changer, contributing to a more stabilized and predictable market. The presence of institutional capital reduces reliance on retail sentiment swings and curbs extreme volatility.

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### Perspectives on Market Liquidity and Price Movements

Financial educator Robert Kiyosaki has attributed recent crypto market downturns to low liquidity levels. Kiyosaki forecasts that prices for cryptocurrencies and precious metals could rise as governments resort to printing more money to finance budget deficits, potentially fueling asset price increases.

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### Looking Ahead: A More Mature Crypto Market

Hunter Horsley’s insights signal a new era for the crypto market—one characterized by maturity, stability, and sustained growth. The integration of Bitcoin ETFs, combined with clearer regulatory frameworks and institutional participation, sets the stage for broader adoption and long-term expansion.

As the market transitions away from volatile four-year cycles toward a more structured environment, investors may find new opportunities grounded in fundamental strengths rather than speculative hype.

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*Related Reading: [Harvard Boosts Bitcoin ETF Position by 257% in Latest 13F | Live Bitcoin News](#)*
https://bitcoinethereumnews.com/crypto/crypto-news-bitwise-ceo-says-four-year-crypto-cycle-is-dead/

XRP Shows Potential Amid RWA Surge and ETF Updates for 2025

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**XRP Trading Zones Highlight Support at $2.15 and Resistance at $2.80**

XRP’s market activity in 2025 is defined by clear trading zones, with strong support around $2.15 and resistance near $2.80. High concentrations of supply at these levels indicate active participation from both retail and institutional holders, creating crucial pivot points that influence short-term price movements.

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### What Is Driving XRP’s Performance in 2025?

XRP is experiencing significant momentum this year, fueled by three main factors:

– Strengthened trading zones providing clear support and resistance
– Explosive growth in Real World Assets (RWA) on the XRP Ledger (XRPL)
– Positive developments in ETF filings, particularly Bitwise’s XRP ETF progress

Currently, XRP holds steady near $2.51 after a 3% daily gain, showcasing investor commitment at critical support levels near $2.15. This resilience highlights XRP’s growing appeal within the broader cryptocurrency landscape.

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### How Are XRP Trading Zones Influencing Market Dynamics?

Support at $2.15 consistently attracts buying pressure, preventing deeper declines during recent trading sessions. On the upside, resistance sits near $2.80 and extends to $3.00, where selling has historically capped price advances.

Glassnode’s on-chain heatmap reveals red supply zones concentrated around these price points, reflecting where many holders entered the market. Notably, shifts in the cost basis distribution in October 2025—particularly on October 3, 13, and 31—correlated with spikes in trading volume. These dates marked strategic adjustments by traders, with October 13 showing increased volume coupled with a slight upward cost basis shift, suggesting accumulation by long-term holders.

These dynamics contribute to XRP’s price stability, setting the stage for potential breakouts if resistance levels are surpassed. Market participants closely monitor these zones as pivotal areas influencing short-term behavior during this ongoing bull cycle.

This supply concentration also points to a maturing market, where both retail and institutional investors align strategies around these key technical levels. Such engagement bolsters confidence in XRP’s role as a bridge asset in cross-border payments and decentralized finance applications.

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### Real World Assets (RWA) Growth on XRPL

The Real World Assets sector on the XRP Ledger has witnessed remarkable growth in 2025. As of late September, total market capitalization reached $364.2 million — a 215% increase year-to-date. Tokenized Treasury Bills (T-Bills) lead the sector with $83.7 million in market cap.

Other tokenized assets, including VERTCRA468, MGL, and OUSG, have shown steady gains, underscoring XRPL’s expanding role in integrating traditional finance with blockchain technology. Quarterly comparisons further reveal DCP rising 200%, while the “Other” asset category surged by 351.3%, highlighting growing diversity and adoption within the XRPL ecosystem.

This growth in real-world asset tokenization enhances XRPL’s utility and drives increased demand for XRP through heightened ecosystem activity.

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### ETF Developments and Market Sentiment

Bitwise has advanced its XRP ETF filing by adding specifics such as an NYSE listing and a competitive 0.34% management fee. These updates suggest the ETF is in the final stages toward regulatory approval.

The filing news sparked a price rally, pushing XRP close to $2.51. Meanwhile, options market activity indicates growing speculation of a breakout, with targets ranging from $3.15 to $4.20. Algorithmic price models, however, suggest a more moderate forecast, placing year-end XRP prices around $2.83.

Investor interest around the ETF reflects anticipation of institutional capital influx. While a surge to $10 remains uncertain without significant catalysts, current market behavior reflects measured optimism within cryptocurrency trading circles.

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### Key Takeaways

– **XRP Trading Resilience:** Support at $2.15 and resistance near $2.80 define critical zones. Glassnode’s on-chain data reveals high holder concentration that supports price stability amid periods of volatility.

– **RWA Expansion on XRPL:** A 215% year-to-date growth reaching $364.2 million spotlights XRPL’s prowess in tokenizing real-world assets, led primarily by Treasury Bills. This diversification attracts more investors and boosts network adoption.

– **ETF Momentum Boost:** Bitwise’s updated XRP ETF filing has increased market interest, lifting prices to $2.51. Sentiment points toward potential rallies between $3.15 and $4.20, with investors advised to watch for regulatory progress as a key factor.

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### Conclusion

In summary, XRP in 2025 operates within a landscape marked by well-defined trading zones, rapid Real World Asset growth on the XRP Ledger, and promising ETF developments from firms like Bitwise. These factors collectively signal sustained investor interest and position XRPL as a critical bridge between traditional and decentralized finance.

On-chain data and market concentration indicate strong holder engagement, positioning XRP for potential gains ahead. Investors should closely monitor key support and resistance levels alongside regulatory updates, as these will play vital roles in unlocking new opportunities in the months to come.

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**Stay informed on XRP’s evolving market dynamics, ecosystem growth, and institutional developments to make the most of opportunities in this dynamic cryptocurrency.**
https://bitcoinethereumnews.com/tech/xrp-shows-potential-amid-rwa-surge-and-etf-updates-for-2025/

XRP ETF Approval Imminent? Bitwise Just Checked the Final Boxes

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Bitwise’s Fourth S-1 Amendment Adds NYSE Listing and 0.34% Fee, Signaling Near-Final SEC Readiness

Bitwise Asset Management has taken a decisive step toward securing approval for the first U.S.-listed XRP exchange-traded fund (ETF). On October 31, the firm submitted Amendment No. 4 to its S-1 filing with the U.S. Securities and Exchange Commission (SEC), adding key details that suggest the filing is nearing completion.

### New Filing Highlights

The latest filing reveals that the XRP ETF will be listed on the New York Stock Exchange (NYSE) and will feature a 0.34% management fee. Industry experts view this update as a strong indication that Bitwise is close to getting regulatory approval.

Bloomberg’s senior ETF analyst Eric Balchunas commented, “Bitwise just updated their XRP ETF filing to include exchange (NYSE) and fee of 0.34%, which are typically the last boxes to check.”

### XRP ETF May Start Trading Soon

Historically, filings at this advanced stage tend to receive approval shortly after the review process concludes. The updated filing uses concise and clear language, which could expedite the SEC’s review. If the regulator does not delay, trading could start in about twenty days.

James Seyffart from Bloomberg Intelligence noted, “Only the Bitwise XRP ETF has the shorter language that might allow it to launch in 20 days. But tons of issuers are filing amended and updated documents past day+.”

### Canary Funds Eyes November 13 Launch

Several asset managers are working on similar XRP ETF products. Notably, Canary Funds recently removed a delay-related clause from its S-1 filing, which shifts timing control away from regulators.

According to Eleanor Terrett from Crypto America, Canary Funds is positioned for a possible November 13 launch, contingent upon Nasdaq clearing its 8-A filing in time. She added that government scheduling and SEC staff reviews could influence the final launch date.

Terrett explained, “The government reopening could affect the timing, potentially moving it up if the filing is complete and the SEC is satisfied, or pushing it back if staff propose additional comments.”

### Massive XRP ETF Inflows May Push Prices Higher

Optimism remains high regarding potential demand for an XRP spot ETF. Steven McClurg, CEO of Canary Capital, shared his outlook: “I may have been a little bearish. We’re going to hold to that number. If it hits that number, at least I’ll be right, and if it’s $10 billion, then I’m still right because we got at least $5 billion.”

McClurg noted that inflows of this scale would place the XRP ETF among the top 20 ETFs of all time, if not in the top 10.

### Existing XRP-Related Products Show Strong Interest

Previously introduced hybrid product REX-Osprey’s XRP ETF has already recorded net inflows of $124.9 million. This trading activity highlights significant institutional interest in XRP-related exchange products.

### XRP Price Outlook

Analysts believe that substantial inflows into an XRP spot ETF could sharply increase the token’s price, potentially reaching levels never seen before.

As of the latest update, XRP is trading around $2.50, up 1% in the past 24 hours. The token faces strong resistance near $2.75. If buyers push above that level, the price could reach $3.00.

However, if selling pressure intensifies, the price may drop to approximately $2.00, representing a 20% decrease from the current price.

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Overall, Bitwise’s recent filing amendments and growing interest from major asset managers signal promising developments for the launch of a U.S.-listed XRP spot ETF, with potential market impact expected in the near term.
https://bitcoinethereumnews.com/tech/xrp-etf-approval-imminent-bitwise-just-checked-the-final-boxes-3/?utm_source=rss&utm_medium=rss&utm_campaign=xrp-etf-approval-imminent-bitwise-just-checked-the-final-boxes-3

Bitwise’s NYSE Listing Update Hints XRP ETF Approval Could Arrive Within 20 Days

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**Bitwise’s NYSE Listing Update Hints XRP ETF Approval Could Arrive Within 20 Days**

Bitwise, the $15 billion asset management giant, is one step closer to launching its XRP ETF, signaling that the approval could become a reality soon. On October 31, Bitwise submitted Amendment No. 4 to its XRP ETF filing with the U.S. Securities and Exchange Commission (SEC), revealing two crucial updates that experts believe usually indicate the final step before approval.

### Key Updates in Bitwise’s Filing

The latest amendment to Bitwise’s S-1 form discloses two important details:
– The listing venue will be the New York Stock Exchange (NYSE)
– The management fee for the ETF will be set at 0.34%

Eric Balchunas, senior ETF analyst at Bloomberg, commented on the significance of these changes, stating, “Adding the NYSE and fee means Bitwise has checked nearly all boxes.” Historically, when issuers include exchange and fee details in their S-1 filings, it typically signals that they are awaiting the final green light from the SEC.

### XRP ETF Could Launch Within 20 Days

Following the announcement, ETF expert James Seyffart from Bloomberg Intelligence provided additional context. He pointed out that Bitwise’s latest filing contains “shorter language” that could allow the XRP ETF to go live within just 20 days, pending SEC approval.

Seyffart also noted that Bitwise is not alone in this race. Other major players like VanEck, Fidelity, and Canary Funds have updated their filings, indicating a rapidly intensifying competition to launch the first XRP ETF.

Meanwhile, Crypto America host Eleanor Terrett revealed that Canary Funds removed the “delaying amendment” from its S-1 filing, which had previously given the SEC control over the timing. This change positions Canary’s XRP ETF for a potential launch date of November 13, provided the Nasdaq approves its 8-A filing.

### Potential Impact on XRP Price

Following these latest XRP ETF updates, XRP’s price experienced a modest increase, trading around $2.51 — a sign of growing optimism among traders.

Analysts suggest that approval of the XRP ETF would mark the first-ever U.S. spot ETF for XRP, a historic milestone likely to boost the token’s momentum. Currently, XRP faces strong resistance near the $2.75 level. A successful breakout above this point could pave the way for testing the $3 psychological mark.

However, if selling pressure persists, XRP could see a correction of up to 19%, potentially retesting support around the $2 zone within its long-term channel pattern.

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Stay tuned for further updates as the SEC’s decision on the XRP ETF approaches, potentially reshaping the future of XRP’s presence in traditional finance.
https://bitcoinethereumnews.com/tech/bitwises-nyse-listing-update-hints-xrp-etf-approval-could-arrive-within-20-days/?utm_source=rss&utm_medium=rss&utm_campaign=bitwises-nyse-listing-update-hints-xrp-etf-approval-could-arrive-within-20-days