XRP Tests $1.61 Support as Bitwise ETF Records $107.6M AUM on Launch Day
XRP has fallen below its descending channel, placing bearish momentum in focus with critical support at $1.61. The Bitwise XRP ETF debuted with $25.7 million in first-day trading volume and $107.6 million in assets under management. The launch signals strong demand for regulated exposure as technical indicators point to a decisive phase for the token.