Institutional appetite for Ripple's XRP shows little sign of cooling. Exchange-traded products tied to the token have now drawn more than $200 million in net inflows across U.S. and Europe so
Institutional appetite for Ripple's XRP shows little sign of cooling. Exchange-traded products tied to the token have now drawn more than $200 million in net inflows across U.S. and Europe so far this year, Bitwise Asset Management chief executive Hunter Horsley shared in a post on X.
The milestone highlights how regulated XRP vehicles have shifted from a long-shot bet to a steady draw for professional money, even as the broader crypto market drifts lower.
Bitwise has emerged as one of the heavyweights in the XRP investment race. Its flagship U.S. product, the Bitwise XRP ETF, began trading on the New York Stock Exchange in late 2025, giving retail and institutional buyers regulated exposure to the asset.
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The fund holds spot XRP directly in cold storage and now commands a market capitalisation of roughly $256.85 million.
The firm was active in Europe well before Washington warmed to crypto ETFs. Its Bitwise Physical XRP ETP, listed under the ticker GXRP, launched in April 2022 on exchanges including Germany's Xetra, with each unit backed by a fixed amount of XRP.
Taken together, these consistent daily additions have lifted the combined market capitalization of all global spot XRP ETFs past $722 million, a figure that points to deepening conviction among large allocators.
Whether the momentum holds will depend on price action and regulatory clarity in the months ahead. For now, though, the flows tell a clear story: institutions are still putting money to work in XRP, and the regulated wrappers built to hold it are filling up.
