🔴 Bitwise XRP ETF is trading 3.4% down today on broad risk-off sentiment ahead of CPI data

Bitwise XRP ETF is trading at $12.75 (3.4% down) in pre-market, mirroring overnight softness in major cryptocurrencies and risk assets.

• The underlying XRP token is down approximately 2.2%, while Bitcoin and Ethereum are also trading lower.
• U.S. equity futures are modestly red ahead of key CPI data, pointing to broad risk-off sentiment rather than any new, company-specific catalyst.