Crypto
Bitwise XRP ETF Posts Net Loss of $176.6M in First Half of 2026
The Bitwise XRP ETF reported its interim results for the six months ended June 30, 2026. The trust's net decrease in net assets from operations came to $(176.6M), driven by realized and unrealized losses on XRP.
The net investment loss for the period was $(0.5M). Despite this, the Trust's net assets grew to $299.1M as of June 30, 2026, supported by creation inflows of roughly 181.5M XRP since inception.
The Trust uses Coinbase Custody to hold segregated XRP and accrues a fee at 0.34% per annum. Principal market pricing is determined via Lukka with Coinbase as the primary market data source.