Bitwise now holds more than half a billion dollars in $XRP through its spot exchange-traded fund. The Bitwise XRP ETF has assets under management of $561 million, outpacing every other issuer
Bitwise now holds more than half a billion dollars in $XRP through its spot exchange-traded fund. The Bitwise XRP ETF has assets under management of $561 million, outpacing every other issuer by more than $150 million and accounting for more than one third of all XRP ETF holdings.
Spot @Ripple-linked ETFs have had a busy 2026, but @Bitwise's product sits at the top of the issuer rankings.
The fund began trading on Nov. 19, 2025. TradingView fund data lists the product as passively managed and tracking the CME CF XRP-Dollar Reference Rate. Its filings state that the trust's sole asset is XRP and that shares are listed on NYSE Arca under the ticker XRP, according to the fund's Form 10-Q filed with the SEC.
Bitwise's lead is also visible in issuer breakdowns. One tracker lists the fund at $517.4 million, or 33.8% of the sector, ahead of Canary at $457.8 million and Franklin Templeton at $425.7 million, per CryptoETF.today. Exact AUM figures differ by data provider and date, as fund values move with the XRP price.
Recent flow data points the same way. Bitwise's fund took in $10.55 million of the $11.31 million that entered U.S. spot XRP ETFs in the week of Oct. 5 to 9, and it leads on lifetime net inflows with $688 million, according to Bitcoin.com News, citing SoSoValue data.
The wider picture is more mixed. XRP ETFs have recorded 13 straight weeks of net inflows, yet Altcoin Buzz reports that total net assets fell to $1.57 billion from $1.66 billion over the same week, as the XRP price weighed on the value of fund holdings. Because the issuer set is small, daily flows can swing sharply on the activity of a single fund.
For $XRP investors, the milestone shows where institutional demand for regulated exposure is concentrating. Whether Bitwise can hold its lead will depend on continued inflows and on the direction of the XRP price.
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