Bitwise Stabilizes XRP Price with OTC Strategy Amid $100M ETF Inflows
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- OTC Trading Strategy: Bitwise employs an over-the-counter (OTC) strategy to avoid direct purchases of XRP from the open market, thereby preventing price fluctuations caused by large trades and ensuring market stability.
- Institutional Market Engagement: Following a $100 million inflow into its ETF, Bitwise collaborates with major institutional market makers, including Goldman Sachs, to secure XRP at the best prices, enhancing trading efficiency for investors.
- Price Stability: By executing trades privately, Bitwise effectively avoids the impact of large buy orders on the market, ensuring that XRP's price remains stable in the short term, thus protecting ETF investors' interests.
- Market Equilibrium Maintenance: Despite significant ETF inflows, Bitwise's trading approach ensures that XRP's price is not affected by short-term volatility, highlighting the importance of strategic trading in maintaining market equilibrium.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.






