Bitwise Spot XRP ETF Reaches $500 Million Milestone Nine Months Post-Launch
The Bitwise XRP ETF has surpassed $500 million in total assets under management, holding nearly 365 million tokens.
Bitwise Asset Management confirmed that its XRP-focused exchange-traded fund has crossed $500 million in assets under management (AUM) within nine months of its trading debut. The investment vehicle currently holds approximately 364.8 million XRP tokens.
The ETF provides mainstream investors with regulated exposure to XRP through standard brokerage accounts without requiring direct custody or private key management. Reaching this milestone highlights sustained demand for alternative crypto assets beyond Bitcoin and Ethereum.
Consistent capital inflows into spot altcoin funds reflect widening institutional appetite for regulated investment products, supporting baseline liquidity and institutional backing for XRP.
Key takeaways
- Bitwise XRP ETF exceeds $500M in assets under management.
- The fund holds roughly 364.8 million XRP in institutional custody.
- Sustained inflows indicate healthy demand for regulated altcoin products.