Українська
Русский
English
XRP ETFs surpass $1.1B in assets as Bitwise leads expansion of the U.S. institutional market
Demand for $XRP investment products is accelerating as institutional capital flows into regulated funds, with Bitwise’s XRP ETF becoming the largest of its kind in the United States and signaling a broader expansion of Wall Street participation in digital asset markets.
Bitwise ranks first among XRP ETFs in the U.S. as $10M inflow signals growing institutional demand
$XRP is gaining traction in U.S. investment markets as institutional digital asset products continue to expand.
On March 4, crypto asset manager Bitwise announced on social platform X that its $XRP ETF has become the largest fund of its kind in the United States.
Bitwise CEO Hunter Horsley stated on X that the Bitwise XRP ETF, trading under the ticker $XRP, now leads the U.S. market for exchange-traded funds focused on XRP.
He noted that the fund recorded approximately $10 million in inflows over the past week and thanked investors for their trust in Bitwise to manage their assets.
Market data
Market tracking data highlights the growing scale of the XRP ETF sector.
According to an XRP ETF tracker:
- the total assets under management across seven XRP ETFs have reached approximately $1.127 billion
- these funds collectively hold about 810.15 million XRP in custody
This represents roughly 0.8102% of XRP’s total supply, which stands at 100 billion tokens.
Trading activity
The daily trading volume of XRP ETFs recently reached approximately $52.08 million.
Leading funds by trading volume include:
- Bitwise — about $21.10 million
- Franklin Templeton — about $10.73 million
- 21Shares — about $9.29 million
- Grayscale — about $5.87 million
- Canary Capital — $4.46 million
- Rex-Osprey — about $631,360
Weekly net flows showed an increase of about 13.39 million XRP, worth approximately $19.15 million.
Institutional adoption expands
The growing adoption of ETFs reflects broader institutional interest in digital assets, particularly in products that provide regulated exposure to cryptocurrencies through traditional financial markets.
Spot ETFs allow investors to gain exposure to crypto assets without directly holding or managing tokens, which has significantly accelerated capital inflows into the cryptocurrency market.
As demand for regulated crypto investment vehicles continues to grow, XRP-focused ETFs may play an increasingly important role in integrating the asset into mainstream portfolios and institutional investment strategies.
