Bitwise XRP ETF has reached $561 million in assets under management (AUM), making it the largest spot XRP exchange-traded fund by assets, according to BSCN Newswire. The fund holds more than one-third of the sector’s total assets, highlighting its position as investors seek regulated exposure to XRP.
The milestone comes as spot XRP ETFs continue to attract capital despite fluctuations in the cryptocurrency’s market value. Bitwise’s fund reportedly holds more than $150 million in assets, exceeding those of some competing products, while its market share indicates how investment demand is distributed among issuers.
Also Read | Bitcoin vs Ethereum Price: BTC Adds $16M While ETH Sheds $61M
Bitwise XRP ETF Leads Competing Funds
Bitwise XRP ETF was launched on November 19, 2025, trading under the ticker symbol XRP on the NYSE Arca exchange. According to its filings with the U.S. Securities and Exchange Commission (SEC), the fund seeks to reflect the value of its XRP holdings, minus operating expenses and other liabilities.
It invests in XRP directly and not in derivative instruments, with Coinbase Custody providing custody services for its cryptoassets. It uses the CME CF XRP-Dollar Reference Rate, New York Variant Index, which aims to track XRP’s USD-denominated price based on its trade activity across leading cryptocurrency exchanges.
The annual management fee for the Bitwise XRP ETF amounts to 0.34%. With an asset value of $561 million, this comes down to about $1.91 million per year assuming no change in the asset value and no fee waiver.
XRP ETF Market Share Shows Issuer Competition
Data cited by CryptoETF.today previously placed Bitwise’s fund at $517.4 million, representing 33.8% of the sector. Canary followed with $457.8 million, while Franklin Templeton held $425.7 million. These figures differ from the reported $561 million milestone because asset values change with market prices and reporting dates.
The comparison highlights competition among established asset managers seeking to attract investors through exchange-traded cryptocurrency products. However, the latest figures should not be treated as a perfectly synchronized ranking unless all issuers are measured using the same reporting date and methodology.
For investors, assets under management indicate a fund’s size but do not independently measure profitability, investment performance, or future demand. Comparing market share with trading volume, fees, and net inflows provides a more complete view of a product’s position.
XRP ETF Inflows Reveal Concentrated Demand
The weekly flow numbers also support the notion of leadership by Bitwise. According to SoSoValue data, the fund raised $10.55 million out of the total $11.31 million invested in U.S. spot XRP ETFs over the period October 5 and October 9. In addition, the same source states that net inflows in Bitwise amounted to $688 million.
However, net inflows and assets under management are two different metrics. While the former reflects the net difference between inflows and outflows into a fund, the latter also includes the change in the value of assets held within the fund. As a result, high inflows can be accompanied by decreasing total assets as a result of XRP price declines.
XRP Price Breakout Could Influence ETF Valuations
The performance of XRP in the market is another key aspect to consider in determining the valuation of the funds holding the cryptocurrency. In this regard, crypto analyst EGRAG Crypto emphasized XRP’s 21-month, 50-month, and 100-month EMAs and compared them to earlier market cycles and corrections.
According to the analyst’s scenario, a breakout above $3.67 will be a key confirmation point, followed by possible Fibonacci points at $5.25, $6.33, $8.28, and $13.69. This data is presented here in terms of technical estimates and does not imply that anything is set in stone.
The analysis provides a separate perspective on the market conditions that could affect XRP ETF valuations. An increase in the price of XRP will increase the assets of funds even without new investment in them, while its decrease will lower AUM even with new investments.
Also Read | Sui Integrates Alibaba Cloud Into Agent Payments as SUI Price Watch $1.40
This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.
Be the first to comment