Leading asset management firm Bitwise has reached a significant milestone with its XRP exchange-traded fund (ETF), as the fund's net assets crossed the half-billion-dollar threshold. According to data from SosoValue on October 17, 2026, the Bitwise XRP ETF now holds $541.12 million in net assets.
The fund has seen consistent investor demand, with total net inflows reaching $684.73 million since its launch. This sustained accumulation underscores a growing appetite among institutional and retail investors for exposure to XRP through traditional financial instruments.
By offering a regulated vehicle that tracks XRP's price, Bitwise enables investors to benefit from the digital asset's movements without directly purchasing or managing the underlying cryptocurrency. This milestone not only highlights Bitwise's dominant position in the XRP ETF ecosystem but also signals broader institutional confidence in XRP, potentially reinforcing its market legitimacy and adoption.