XRP has long faced skepticism from traders and analysts, with many anticipating limited institutional interest. However, this expectation is now diminishing, as highlighted by crypto commentator Xaif (@Xaif_Crypto) on X.
Xaif shared a recent discussion between Bitwise CIO Matt Hougan and Scott Melker, pointing to a significant shift in industry sentiment towards XRP. The conversation indicated that XRP is beginning to be treated as a serious focus within the cryptocurrency space.
It’s crazy watching the narrative flip in real-time… They were skeptical of $XRP for YEARS now they're openly calling the XRP community “huge, committed, and excited The pendulum has swung. The tone shifted from “XRP? Nah” ➜ to “XRP is a priority focus.
— Xaif Crypto🇮🇳|🇺🇸 (@Xaif_Crypto) November 16, 2025
A Clear Change From Industry Leaders
In the shared video, Scott Melker described XRP's base as a "huge community that is excited." Matt Hougan, Bitwise CIO, characterized XRP as "a reasonable project." Hougan expressed that he is not surprised by the strong engagement seen in recent XRP product launches, attributing it to the passionate XRP community.
These remarks signify a notable shift in sentiment. Hougan acknowledged that some crypto investors still hold reservations about XRP, but emphasized that this skepticism does not impede the asset's current momentum.
He specifically pointed to a substantial and committed community that continues to drive demand for XRP. Xaif utilized this conversation to illustrate the contrast between the current market discourse and that of previous years, noting a transition from hesitation to recognition.
Institutional Entry Builds Ahead of a Key Launch
This evolving sentiment coincides with Bitwise's planned launch of its XRP ETF, scheduled between November 19 and 20. The firm intends to enter the market with the lowest fee among its competitors for XRP funds, a strategic pricing decision aimed at attracting early investor interest and capitalizing on efficient exposure. This move also reflects Bitwise's confidence in the asset's demand potential.
Xaif's post connects this upcoming launch to the broader trend of XRP's increasing acceptance. XRP is no longer being treated as a niche product, with major firms now positioning themselves to compete for market share. The timing of these developments, coupled with growing institutional attention, marks a significant change in XRP's position within the broader investment landscape.
Community Support Shapes the Asset’s Momentum
The sustained community support for XRP remains a crucial factor in this shift. Both Hougan and Melker acknowledged the active and dedicated XRP user base, aligning with the resilience demonstrated by long-time holders through various market cycles. As Xaif observed, "It’s crazy watching the narrative flip in real-time."
The XRP community has remained engaged even during challenging periods, and institutions now perceive this stability as a strategic advantage. Xaif underscored this point as part of his broader message, indicating that the previously prevalent negative sentiment surrounding XRP has weakened. The community's consistent presence, combined with the anticipation of new institutional products, has demonstrably increased XRP's relevance in the market.