Key Takeaways
- • Bitwise XRP ETF reached $561 million in assets under management, making it the largest spot XRP exchange-traded fund by assets, according to BSCN Newswire, and holding more than one-third of the sector's total assets.
- • The fund, which launched November 19, 2025 on NYSE Arca under the ticker XRP, charges a 0.34% annual management fee, roughly $1.91 million per year at the current asset level.
- • According to SoSoValue data, Bitwise raised $10.55 million of the $11.31 million invested in U.S. spot XRP ETFs between October 5 and October 9, and reported net inflows of $688 million since launch.
- • Prior CryptoETF.today data placed Bitwise at $517.4 million (33.8% share), ahead of Canary at $457.8 million and Franklin Templeton at $425.7 million, though the figures are not perfectly synchronized across issuers.
- • AUM reflects both net inflows and XRP price movements, so the fund's asset base can rise or fall independently of new investor demand.
Summary
Bitwise's XRP ETF has reached $561 million in assets under management, according to BSCN Newswire, positioning it as the largest spot XRP exchange-traded fund by assets. The fund holds more than one-third of the sector's total assets, as investors continue to seek regulated exposure to XRP despite fluctuations in the cryptocurrency's market value.
The fund was launched on November 19, 2025, trading under the ticker XRP on the NYSE Arca exchange. According to its filings with the U.S. Securities and Exchange Commission, it seeks to reflect the value of its XRP holdings, minus operating expenses and other liabilities. The fund invests directly in XRP rather than derivatives, uses Coinbase Custody for custody services, and references the CME CF XRP-Dollar Reference Rate, New York Variant Index. Its annual management fee is 0.34%, which at $561 million in assets amounts to about $1.91 million per year, assuming no change in asset value and no fee waiver.
Earlier data cited by CryptoETF.today placed Bitwise at $517.4 million, or 33.8% of the sector, with Canary at $457.8 million and Franklin Templeton at $425.7 million. The variance reflects changes in market prices and reporting dates, and the latest figures should not be treated as a fully synchronized ranking unless all issuers are measured on the same date and methodology.
Flow data also points to concentrated demand. According to SoSoValue, Bitwise raised $10.55 million of the $11.31 million invested in U.S. spot XRP ETFs over the period October 5 to October 9, and the same source reports cumulative net inflows of $688 million into the fund. The article notes that net inflows and AUM are distinct metrics: AUM also reflects changes in the value of held assets, so high inflows can coincide with declining total assets when XRP prices fall.
Price performance remains a key variable for valuation. Crypto analyst EGRAG Crypto highlighted XRP's 21-month, 50-month, and 100-month exponential moving averages and cited a breakout above $3.67 as a confirmation point, with Fibonacci levels at $5.25, $6.33, $8.28, and $13.69 as possible targets. These are technical estimates, not forecasts. Higher XRP prices would lift fund assets without new investment, while lower prices would reduce AUM even with inflows.
The fund was launched on November 19, 2025, trading under the ticker XRP on the NYSE Arca exchange. According to its filings with the U.S. Securities and Exchange Commission, it seeks to reflect the value of its XRP holdings, minus operating expenses and other liabilities. The fund invests directly in XRP rather than derivatives, uses Coinbase Custody for custody services, and references the CME CF XRP-Dollar Reference Rate, New York Variant Index. Its annual management fee is 0.34%, which at $561 million in assets amounts to about $1.91 million per year, assuming no change in asset value and no fee waiver.
Earlier data cited by CryptoETF.today placed Bitwise at $517.4 million, or 33.8% of the sector, with Canary at $457.8 million and Franklin Templeton at $425.7 million. The variance reflects changes in market prices and reporting dates, and the latest figures should not be treated as a fully synchronized ranking unless all issuers are measured on the same date and methodology.
Flow data also points to concentrated demand. According to SoSoValue, Bitwise raised $10.55 million of the $11.31 million invested in U.S. spot XRP ETFs over the period October 5 to October 9, and the same source reports cumulative net inflows of $688 million into the fund. The article notes that net inflows and AUM are distinct metrics: AUM also reflects changes in the value of held assets, so high inflows can coincide with declining total assets when XRP prices fall.
Price performance remains a key variable for valuation. Crypto analyst EGRAG Crypto highlighted XRP's 21-month, 50-month, and 100-month exponential moving averages and cited a breakout above $3.67 as a confirmation point, with Fibonacci levels at $5.25, $6.33, $8.28, and $13.69 as possible targets. These are technical estimates, not forecasts. Higher XRP prices would lift fund assets without new investment, while lower prices would reduce AUM even with inflows.
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