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3w ago

Bitwise Overtakes Canary as Largest U.S. XRP ETF After $10 Million in Weekly Inflows

A narrow lead underscores a maturing market phase with leadership sensitive to small flows.

Xrp etfs cross $1.1b in assets as bitwise fund leads expanding us institutional market
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Overview

  • SoSoValue data shows Bitwise’s XRP ETF at $289.00 million in net assets, edging Canary Capital’s $285.79 million.
  • Bitwise CEO Hunter Horsley said the fund moved into first place this week after roughly $10 million of inflows.
  • The five U.S. spot XRP ETFs collectively hold about 765.95 million XRP and have recorded approximately $1.26 billion in cumulative net inflows with around $1.08 billion in total net assets.
  • Current standings place Franklin Templeton third at about $247 million, 21Shares fourth near $179 million, and Grayscale fifth around $78 million.
  • Category flows were front-loaded, with about 77% of cumulative inflows arriving in the first four weeks, including a $243.05 million creation day on Nov. 14 and a -$92.92 million redemption on Jan. 29.