Bitwise just dropped that their XRP ETF hit over 500 million in assets under management a mere nine months after going live. The fund showed 502.7 million in net assets with 364.75 million XRP holdings last Friday, climbing to 507.23 million by Monday’s close. 🖤 14 years strong and the XRP community stays fierce in the shadows, the firm noted on X, feeling grateful to bring more mainstream exposure to XRP.
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
Half Year Closes Strong At 299 Million 📉
The fund logged 25.9 million in trading volume on its debut day at the New York Stock Exchange on November 20. It marked Bitwise’s 49th product at launch and pulled ahead of Bitcoin and Ethereum launches in early weeks, with inflows reaching 756 million by December 1. Net assets hit 241.4 million by end of December and stood at 299.1 million on June 30 per the trust’s filings. Investors added around 181.5 million XRP valued at 269.9 million through creations in the first half. Bitwise takes a 0.34 percent sponsor fee but waived it on the first 500 million through December 19, 2025. 🌑
Resilient Bullish Energy Lingers 🕸️
Over those six months the trust saw a 176.6 million net drop from operations tied mostly to XRP price shifts from 1.82 dollars on December 31, 2025 down to 1.04 dollars on June 30, 2026. The token rose from 1.00 dollar to 1.70 dollars between August 19 and 22 before easing below 1.40 dollars by Friday and trading at 1.38 dollars on Monday. US XRP funds grabbed 110.49 million last week for their strongest weekly inflow since early December, pushing total net inflows to a fresh record of 1.66 billion on Friday. Bitwise leads with over 600 million in cumulative inflows ahead of others. 🎀🦇🪙💸🌙
Just another echo from the void by iconofsin.eth 💖
