Bitwise XRP ETF assets surpass $541 million, net inflows reach $684 million

Image: CoinTurk News
Bitwise, a prominent digital asset manager, has strengthened its presence in the XRP exchange-traded fund (ETF) sector, accumulating substantial investor interest and capital inflow to its XRP ETF. Recent data from SosoValue shows that the Bitwise XRP ETF now manages net assets exceeding $541 million, making it one of the largest XRP-focused ETF products in the market. Cumulative net inflows to the fund have reached $684.73 million, marking a steady influx of capital since its launch. This figure suggests that institutional and individual investors continue to allocate funds to the product, seeking XRP market exposure via traditional market structures. Bitwise, established in 2017, is recognized for pioneering various crypto investment vehicles, including spot and futures-based ETFs.
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