<ul><li>Bitwise is preparing for an XRP ETF as its application has been found on the State of Delaware’s Division of Corporations’ website.</li><li>Experts clarify that this is just the initial stage of preparation and does not guarantee a registration application with the SEC.</li><li>Bitwise's move follows Grayscale Investments' disclosure of a potential XRP ETF through their Grayscale XRP Trust.</li><li>The price of XRP has declined by 3.6% amidst the broader market pullback, but on-chain activities and trading volume remain positive.</li><li>Analyst Amonyx predicts XRP could approach the $589 price point by the end of the bullish cycle based on historical chart analysis.</li></ul>

XRP Eyes $3 as Bitwise Files for Spot Ripple ETF—Is a Breakout Imminent?

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