Largest XRP ETF Crosses $500 Million in Property Simply 9 Months After Launch

Asset supervisor Bitwise stated that its XRP ETF (XRP) has crossed $500 million in property beneath administration (AUM) simply 9 months after launch. The fund’s web page confirmed $502.7 million in internet property throughout 364.75 million XRP final Friday and $507.23 million after Monday’s shut.

“14 years in, and the $XRP neighborhood continues to be unstoppable,” the agency wrote in its announcement on X, including it was “grateful for the prospect to develop mainstream entry to XRP.”

14 years in, and the ripple:native neighborhood continues to be unstoppable.

The Bitwise XRP ETF (XRP) crossed $500,000,000 in AUM—simply 9 months after launch.

Grateful for the prospect to develop mainstream entry to XRP and steward traders’ publicity to the alternatives on this… pic.twitter.com/sgeMDiY5ce

— Bitwise (@Bitwise) August 31, 2026

First Half Closed at $299 Million

The fund logged $25.9 million in buying and selling quantity on its first day on the New York Inventory Trade on November 20, one week after Canary Capital’s XRP ETF (XRPC) opened the US spot class with a virtually $60 million debut.

It was Bitwise’s forty ninth funding product at launch, and the brand new funds even outdrew Bitcoin and Ethereum merchandise of their first weeks, with cumulative inflows reaching $756 million by December 1.

Internet property stood at $241.4 million on the finish of December and $299.1 million on June 30, in line with the belief’s 10-Q for the second quarter. Traders added roughly 181.5 million XRP price $269.9 million via share creations over the primary half, together with 105.3 million XRP price $137.9 million within the June quarter alone.

Bitwise expenses a 0.34% sponsor charge, which it waived solely on the primary $500 million of belief property via December 19, 2025.

Bullish Resilience

Over the identical six months, the belief recorded a $176.6 million internet lower from operations, which the submitting attributed primarily to “XRP worth depreciation from $1.82 on December 31, 2025, to $1.04 on June 30, 2026.”

The token then climbed from $1.00 to a multi-month excessive of $1.70 between August 19 and 22, slid beneath $1.40 by Friday’s shut, and altered palms at $1.38 on Monday, per CoinGecko.

US XRP funds took in $110.49 million final week, their finest weekly haul since early December, pushing cumulative internet inflows to a document $1.66 billion on Friday, in line with SoSoValue information. Each buying and selling day landed in double digits, topped by $28.14 million on Wednesday.

Bitwise’s fund leads that desk with greater than $600 million in cumulative internet inflows, forward of Canary’s XRPC at $483 million and Franklin Templeton’s XRP fund (XRPZ) at $462.86 million.

The put up Largest XRP ETF Crosses $500 Million in Property Simply 9 Months After Launch appeared first on CryptoPotato.

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