Bitwise's XRP ETF surpassed $500M in assets under management nine months after launch, with $110.49M in net inflows last week.
Ecosystem ·
Bitwise's XRP ETF surpassed $500 million in assets under management nine months after its November launch, reaching $507.23 million following Monday's close. The fund recorded $110.49 million in net inflows last week—its strongest weekly performance since early December—propelling cumulative inflows across all US XRP spot funds to $1.66 billion. Bitwise's fund leads the category with over $600 million in total net inflows, ahead of Canary Capital's XRPC at $483 million and Franklin Templeton's XRPZ at $462.86 million.
The fund's trajectory reflects sustained investor demand despite volatility in XRP's price. Net assets climbed from $241.4 million at year-end to $299.1 million by mid-year, then accelerated to $507.23 million by late August. Over the first half of 2026, the fund experienced a $176.6 million net decrease from operations, primarily attributable to XRP's depreciation from $1.82 to $1.04 during that period. Bitwise waived its 0.34% sponsor fee on the first $500 million of trust assets through mid-December 2025.
What remains unclear is whether the recent inflow momentum will persist as XRP's price moves between $1.38 and $1.70, and whether the fee waiver's expiration will affect future asset growth patterns.