XRP ETFs Cross $1.1B in Assets as Bitwise Fund Leads Expanding US Institutional Market

Bitwise Claims Top US XRP ETF Spot as $10M Inflows Signal Rising Institutional Demand

XRP is gaining momentum in U.S. investment markets as institutional products tied to the digital asset continue to expand. Crypto asset management firm Bitwise shared on social media platform X on March 4 that its XRP ETF has become the largest fund of its kind in the United States.

Bitwise CEO Hunter Horsley shared on social media platform X on March 4 that the Bitwise XRP ETF, trading under the ticker $ XRP, now leads the U.S. market for XRP-focused exchange-traded funds. He highlighted that the fund has recorded about $10 million in inflows during the week and expressed appreciation to investors for entrusting Bitwise to manage their assets.

Market tracking data highlights the scale of the emerging XRP ETF sector. An XRP ETF tracker shows total assets under management across seven XRP ETFs have reached about $1.127 billion, with approximately 810.15 million XRP held in ETF vaults. This represents about 0.8102% of the cryptocurrency’s total 100 billion token supply.

Daily trading volume across XRP ETFs recently totaled around $52.08 million, led by Bitwise with roughly $21.10 million, followed by Franklin Templeton with about $10.73 million, 21shares with around $9.29 million, Grayscale with about $5.87 million, Canary Capital with $4.46 million, and Rex-Osprey with roughly $631,360. Weekly net flows show an increase of about 13.39 million XRP, valued at approximately $19.15 million.

Growing ETF adoption reflects broader institutional interest in digital assets, particularly products that provide regulated access to cryptocurrencies through traditional financial markets. Spot-based exchange-traded funds allow investors to gain exposure without directly managing tokens, a structure that has accelerated capital inflows across crypto markets. As demand for regulated crypto investment vehicles expands, XRP-focused ETFs could play an increasing role in integrating the asset into mainstream portfolios and institutional strategies.

FAQ 🧭

• Why is the Bitwise XRP ETF gaining traction with investors?
  Strong inflows and growing institutional demand have pushed the Bitwise XRP ETF to become the largest XRP ETF in the United States.
• How large is the XRP ETF market today?
  Total assets across multiple XRP ETFs have climbed to roughly $1.127 billion, with more than 810 million XRP held in ETF vaults.
• Why are XRP ETFs important for institutional investors?
  They allow investors to gain regulated exposure to XRP through traditional financial markets without directly holding the cryptocurrency.
• What does rising ETF activity mean for XRP adoption?
  Growing ETF inflows suggest increasing institutional participation and broader integration of XRP into mainstream investment portfolios.