Bitwise XRP ETF leads market with $561 million in assets under management

Bitwise Asset Management has established a dominant presence in the spot XRP exchange-traded fund (ETF) sector, reporting $561 million in assets under management (AUM) for its Bitwise XRP ETF, according to data from BSCN Newswire. This milestone positions Bitwise as the largest issuer in the segment, currently accounting for over one-third of all assets managed by spot XRP ETFs worldwide. The surge reflects strong investor demand for regulated exposure to XRP amid ongoing market volatility. Despite fluctuations in XRP’s market value, the Bitwise XRP ETF continues to attract robust capital inflows.

Also reported by TronWeekly.

Source: CoinTurk News