Bitwise’s XRP ETF Surpasses $500 Million in Assets Just Months After Launch

NewsMon, 31 Aug 2026 18:33:07 UTC2 hours ago
Bitwise’s XRP ETF Surpasses $500 Million in Assets Just Months After Launch

TL;DR:

  • Bitwise’s spot exchange-traded fund reached $500 million in assets under management nine months after its market debut.
  • The issuing firm holds approximately 364.8 million XRP tokens in custody as of the end of August.
  • Total combined assets across all XRP ETFs in the US market reached $1.53 billion.

After completing 9 months of continuous trading in the US stock market, this Monday the Bitwise XRP ETF surpassed the $500 million mark in assets under management (AUM).

The fund manager formalized the milestone through a post on X. According to Bitwise’s corporate statement, the fund’s structure has helped channel demand from traditional investors seeking direct exposure to the digital asset without taking on direct self-custody.

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