We can't really judge Bitwise in their decision, I'm sure that had thought about it a millions times because they are a bagholder, but with the insurmountable case against XRP from SEC, for them it's better to get out while in profit, so it's a good decision.

Yes, it recovered a bit but for me that will be the situation for the next couple of months until everything settles down. We will see occasional pumps, it's good if you can join the hype and take profits from it.