One of the largest crypto investment/ funds managers, Bitwise Asset Management has made it clear that they are exiting their XRP investments because of the current issue XRP is facing.
Bitwise released an official press report and stated why they liquidated their funds with them. They made it clear that the essence of liquidating funds was because of the SEC complaints against Ripple.
Major Updates
- Bitwise asset management they've liquidated their ripple funds
- Other top investment firms also liquidated ripple investment
- Ripple experienced a further price decline
Bitwise launched their crypto index funds in 2017, and they've been serving both retail and institutional investors. Ripple's price has been falling drastically and can be traced to the current lawsuit they're facing.
