Bitwise's $500 Million XRP ETF Milestone Ignites Mainstream Interest

Bitwise's XRP ETF has reached a milestone in its short life. The fund has surpassed $500 million in assets under management, just nine months after launching on the NYSE.

The Bitwise XRP ETF began trading on November 20, 2025, and has seen rapid growth since then.

Despite the price of XRP itself being down 66% from its peak in 2026, the fund's assets under management have continued to rise. The acceleration has been particularly visible since mid-August.

Bitwise expressed gratitude for the opportunity to expand mainstream access to XRP and provide investors with exposure to the asset.