Bitwise Spot XRP ETF Surpasses $500M in Assets Within Nine Months of Launch
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Bitwise's spot XRP exchange-traded fund has accumulated over $500 million in assets under management within nine months of launching, holding approximately 364.8 million XRP tokens. The fund provides traditional brokerage account holders with exposure to XRP without requiring direct custody of the asset.
The milestone reflects growing institutional appetite for regulated crypto investment vehicles. ETFs enable mainstream investors to gain token exposure through familiar brokerage infrastructure, a significant distribution channel in the evolving digital asset landscape.
- Bitwise's XRP ETF reached $500M AUM in nine months, signaling investor demand for regulated XRP access.
- The fund holds ~365M XRP, enabling indirect exposure through standard brokerage accounts rather than self-custody.
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Bitwise XRP ETF Crosses $500M in Assets 9 Months After Launch
Bitwise’s XRP ETF has surpassed $500 million in assets under management nine months after its launch. The fund now holds nearly 364.8 million XRP, giving brokerage-account investors indirect exposure to the crypto token without direct custo…
Bitwise Spot XRP ETF Surpasses $500M in Assets Within Nine Months of Launch
BitcoinWorld Bitwise Spot XRP ETF Surpasses $500M in Assets Within Nine Months of Launch Bitwise’s spot XRP exchange-traded fund (ETF) has crossed the $500 million mark in assets under management (AUM) as of the end of August, roughly nine…