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).
14 years in, and the ripple:native community continues to be unstoppable.
The Bitwise XRP ETF (XRP) crossed $500,000,000 in AUM—just 9 months after launch.
Grateful for the chance to expand mainstream access to XRP and steward investors’ exposure to the opportunities in this… pic.twitter.com/sgeMDiY5ce
- Bitwise (@Bitwise) August 31, 2026
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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