Bitwise XRP ETF Hits $500M AuM Mark Despite XRP Price Decline

Bitwise Asset Management's XRP ETF has reached a significant milestone, crossing $500 million in assets under management just nine months after launching on the New York Stock Exchange. The fund began trading with the ticker XRP on November 20, 2025, and carried an annual fee of 0.34 percent, which was waived for the first month.

The success of the Bitwise XRP ETF is notable given XRP's price action over the past few months, having fallen sharply from earlier levels in 2026. Despite this decline, the fund has continued to attract net inflows, with new subscriptions more than offsetting the decrease in value of its underlying holdings.

The Bitwise XRP ETF holds approximately 364.8 million XRP tokens as of late August, and is the leading product in its category, with combined assets standing near $1.53 billion and cumulative inflows exceeding $1.5 billion since the first products appeared.