Rothschild Investment LLC has disclosed a modest position in the Bitwise XRP ETF as analyst EGRAG Crypto renews a bullish chart scenario, placing $27 at the upper end of his projections.
The Chicago-based investment manager reported 6,300 shares valued at $104,769 in a Nov. 10 SEC filing covering holdings as of Sept. 30.
The disclosure arrives alongside an ongoing debate over whether XRP is forming a long-term bottom.
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The XRP ETF position amounts to just 0.0039% of the $2.69 billion Rothschild Investment LLC reported across 3,644 entries in its quarterly filing—roughly $39 for every $1 million in disclosed holdings.
Bitwise’s fund began trading in November 2025 and holds spot XRP, allowing investors to gain exposure through exchange-traded shares.
At the launch, Bitwise CEO Hunter Horsley described digital assets’ emerging uses as “whether powering payments or tokenizing real-world assets.”
For XRP bulls, the significance lies in the access these products provide.
Investors can add XRP exposure through brokerage accounts without managing wallets or arranging custody themselves, making the token easier to include in traditional portfolios.
Rothschild Investment LLC’s disclosure offers a concrete example of an investment manager using that route.
Although the allocation is small, many supporters have cited it as evidence that XRP is finding a place in conventional investment portfolios.
In his Nov. 11 update, EGRAG focused on a possible third bottom along XRP’s multiyear rising support line.
He acknowledged that the decline had arrived earlier than he expected:
“YES, I WAS WRONG ABOUT THE TIMING!”
His longer-term Fibonacci projections remain $13, $17, and $27.
A triple bottom describes repeated tests of a support area that traders watch for signs of a reversal.
The $27 level has appeared regularly in EGRAG’s earlier forecasts, although he has used different chart models to outline potential routes toward it.
As CCN reported in October, his Oct. 6 Elliott Wave analysis placed $27 within a third-wave advance, followed by a correction before a possible fifth-wave rally.
EGRAG has also drawn comparisons with the accumulation period preceding the token’s 2017 rally.
In a September analysis, he suggested that a third consecutive positive monthly candle could reproduce a rare historical pattern, raising the possibility of a $50 price.