XRP investment demand is accelerating as institutional capital flows into regulated funds, with Bitwise's XRP ETF emerging as the largest in the United States and signaling expanding Wall Street exposure to the digital asset.
Bitwise Claims Top Spot with $10M Weekly Inflows
Bitwise CEO Hunter Horsley announced on March 4 via social media platform X that the Bitwise XRP ETF, trading under the ticker $XRP, now leads the U.S. market for XRP-focused exchange-traded funds. He highlighted that the fund recorded approximately $10 million in inflows during the week and expressed appreciation to investors for entrusting Bitwise with their assets.
Market tracking data underscores the scale of the emerging XRP ETF sector. An XRP ETF tracker shows total assets under management across seven XRP ETFs have reached approximately $1.127 billion, with about 810.15 million XRP held in ETF vaults. This represents roughly 0.8102% of the cryptocurrency's total 100 billion token supply.
Trading Volume and Flow Dynamics
Daily trading volume across XRP ETFs recently totaled around $52.08 million, led by Bitwise with approximately $21.10 million, followed by Franklin Templeton with about $10.73 million, 21shares with around $9.29 million, Grayscale with about $5.87 million, Canary Capital with $4.46 million, and Rex-Osprey with roughly $631,360. Weekly net flows show an increase of about 13.39 million XRP, valued at approximately $19.15 million.
Growing ETF adoption reflects broader institutional interest in digital assets, particularly products that provide regulated access to cryptocurrencies through traditional financial markets. Spot-based exchange-traded funds allow investors to gain exposure without directly managing tokens, a structure that has accelerated capital inflows across crypto markets. As demand for regulated crypto investment vehicles expands, XRP-focused ETFs could play an increasing role in integrating the asset into mainstream portfolios and institutional strategies.
Political and Regulatory Tailwinds
XRP's price has recently surged toward the upper edge of its trading range as bullish momentum builds and political pressure for pro-crypto legislation intensifies. Ripple CEO Brad Garlinghouse welcomed the push for crypto reform from former President Donald Trump, further boosting sentiment. These factors collectively enhance the appeal of XRP ETFs, offering traditional investors a compliant and convenient gateway to the digital asset.
Bitwise's leadership in the XRP ETF space demonstrates that strong brand trust and product design can attract significant institutional capital despite competitive pressures. Other issuers such as Franklin Templeton, 21Shares, and Grayscale are also actively capturing market share. As more institutions enter the space, the XRP ETF market is poised to further expand, serving as a vital bridge between traditional finance and the crypto ecosystem.