Bitwise XRP ETF Surpasses $500 Million in Total Assets Under Management
The Bitwise XRP ETF has exceeded the $500 million asset threshold nine months after its market debut.
Bitwise Asset Management announced that its dedicated XRP exchange-traded product has crossed $500 million in assets under management. The fund now custody-backs approximately 364.8 million XRP tokens on behalf of traditional brokerage accounts.
The product allows retail and institutional investors to gain exposure to XRP price action without requiring direct self-custody or private key management. Crossing this milestone within nine months highlights steady non-crypto native investment interest.
Continued capital inflows into regulated altcoin investment vehicles demonstrate persistent institutional appetite for diversified digital asset portfolios.
Key takeaways
- Bitwise's XRP ETF surpassed $500 million in AUM within nine months.
- The fund holds roughly 364.8 million XRP tokens in institutional custody.
- Regulated altcoin investment vehicles continue to attract steady capital inflows.