Bitwise’s spot XRP ETF has become the largest fund of its kind in the United States
Bitwise CEO Hunter Horsley confirmed the milestone earlier today on the X social media network
The fund, which is trading under the ticker $XRP, secured an impressive $10 million in weekly inflows to push it past its competitors.
HOT Stories
XRP Breaks Out: $1.92 Emerges as Technical Target, Bitcoin Recovers to $71,000 Fueled by Quarter Billion in Short Liquidations, Cardano Sees Massive 230 Million ADA Whale Redistribution: Morning Crypto Report
Ripple CEO Says Clarity Act Is About Protecting Interests of Americans
“Grateful to investors entrusting Bitwise to steward their assets,” Bitwise said on social media
As reported by U.Today, Bitwise made a trailblazing move by filing for an XRP ETF back in October 2024
The current state of XRP ETFs
The broader American market for spot XRP exchange-traded funds is highly competitive and has reached significant financial milestones, currently boasting exactly $1 billion in total net assets
According to comprehensive market data from SoSoValu, the asset class has attracted a cumulative total net inflow of $1.25 billion since the funds began trading.
The race for the top spot remains incredibly tight across the major issuers
Bitwise currently leads the pack with $269.05 million in assets under management, but it is closely trailed by Canary’s XRPC fund, which holds $262.17 million.
Franklin Templeton’s XRPZ secures the third position with $230.20 million in assets. 21Shares and Grayscale round out the top five issuers in the space, holding $166.96 million and $72.49 million, respectively.
The sector continues to see steady daily accumulation from investors with $7.53 million in total net inflows and nearly $39 million in total value traded on March 3.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
XRP Eyes $1.60 as April History Shapes Market Expectations
Key Insights:
XRP historical April data shows sharp gains and losses, with 2021 marking a 180% surge while recent years reflect declining monthly performance trends.
Current price consolidation between $1.28 and $1.36 suggests reduced volatility, signaling a potential breakout as traders mon
CryptoNewsLand1h ago
XRP Struggles Below $1.35 as Bearish Signals Build
XRP is under significant selling pressure after repeated rejections at resistance around $1.35. Weak momentum indicators and rising short interest suggest increased downside risk, with critical support at $1.30-$1.28. A break below this level could lead to further declines.
CryptoNewsLand1h ago
Electricity Is Now Tokenized on XRP Ledger With $861 Million In Live Value
_XRP Ledger now hosts $861M in tokenized electricity via JMWH, tracking real energy use on-chain with full transparency._
The XRP Ledger continues to expand beyond payments. A new use case now tracks real electricity consumption on-chain, highlighting a live market tied to energy assets.
The
LiveBTCNews2h ago
XRP Completes Bounce and Analyst Expects Wave 3 Down Price Movement, XRP Positioned for Bull Run
Altcoin XRP completes bounce and analyst expects action.
First a wave 3 down price movement will occur for XRP to fall below $1.
After this a surge to new ATH is expected as the altcoin is positioned for a bull run.
The crypto community has been patiently waiting for a bullish
CryptoNewsLand5h ago
XRP Stabilizes Near Key Levels Amid Fed Pressure and Rule Shift
Key Insights
XRP stabilized near $1.31 as macroeconomic pressures and declining liquidity combined to limit recovery momentum and increase short-term volatility risks significantly.
Proposed stablecoin regulations favor utility models, positioning RLUSD for growth while reducing incentives t
CryptoNewsLand9h ago
XRP Today’s News: Institutional funds return, circulating inflow of 120 million exceeds Bitcoin
This week, XRP recorded a $119.6 million capital inflow, setting the highest mark since 2025 and becoming a major beneficiary in the crypto market. This round of funds returning was mainly driven by greater clarity in regulatory policy and XRP’s real-world use in cross-border payment infrastructure. Technically, it shows an initial recovery, but overall it is still in a downward channel. The support and resistance levels are $1.31 and $1.40, respectively; if it breaks through, it is expected to reach $1.50.
MarketWhisper11h ago
