Bitwise's XRP ETF Tops $500 Million in Just Months
Covered by 6 sources · 6 articles
Bitwise's XRP exchange-traded fund has accumulated over $500 million in assets under management within nine months of its NYSE launch, signaling substantial institutional capital flowing into the token despite significant price headwinds. The rapid inflow suggests growing mainstream adoption among institutional investors seeking structured exposure to XRP.
The milestone arrives amid a competitive expansion in the XRP ETF space, with other providers including Franklin Templeton and Canary Capital also broadening their offerings. The growth underscores how ETF products can attract institutional capital independent of short-term price performance.
- Bitwise's XRP ETF reached $500M AUM in nine months, demonstrating institutional appetite for regulated crypto exposure.
- Strong inflows occurred despite XRP experiencing significant price weakness over the measured period.
- Multiple issuers expanding XRP ETF products signals competitive demand among financial infrastructure providers.
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TL;DR: Bitwise’s spot exchange-traded fund reached $500 million in assets under management nine months after its market debut. The issuing firm holds approximately 364.8 million XRP tokens in custody as of the end of August. Total combined…
Bitwise XRP ETF surpasses $500M AUM in nine months
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Bitwise’s XRP ETF surpasses $500 million in AUM just nine months after launch
🚨 Bitwise's XRP ETF surpasses $500 million in AUM just nine months after its NYSE debut. 📈 Strong capital inflows pushed $XRP assets higher despite a 66% price drop since 2026. 📊 Franklin Templeton and Canary Capital also expanded their…
Bitwise's XRP ETF Tops $500 Million in Just Months
Bitwise’s XRP ETF has surpassed $500 million in assets under management just nine months after launching.