Bitwise XRP ETF Surges to $561M, Becomes Largest Spot XRP Fund
Bitwise's XRP ETF has overtaken competitors to become the largest spot XRP fund by assets under management.
Bitwise's XRP ETF has overtaken competitors to become the largest spot XRP fund by assets under management. XRP (XRP) is trading at $1.29. This is an original TLT brief based on reporting by TronWeekly, with live market data added, as of Sat, 17 Oct 2026 17:00:04 UTC.
The growth of Bitwise's XRP ETF highlights increasing institutional interest in XRP and could influence its market dynamics and price stability. As the largest spot XRP fund, it may also set a benchmark for other crypto ETFs.
- Bitwise XRP ETF reaches $561M in assets under management.
- Becomes the leading spot XRP fund by assets.
- XRP price movements and technical levels impact ETF valuations.
- XRP currently trades at $1.29, down 1.12% in the last 24 hours.
Bitwise's 
XRP ETF has reached $561 million in assets under management, making it the largest spot XRP fund currently available. This development indicates growing institutional interest in XRP and could have significant implications for the cryptocurrency's market dynamics.
The fund has reportedly captured the majority of recent weekly inflows, suggesting strong investor demand for exposure to XRP through an ETF structure. This could potentially lead to increased liquidity and price stability for XRP.
XRP's price movements and technical levels are highlighted as important factors that influence the ETF's valuation. This underscores the interconnectedness of crypto prices and ETF performance, as well as the importance of market conditions.
Currently, XRP is trading at $1.29, down 1.12% in the last 24 hours, with a market cap of $81.64 billion. The broader crypto market remains relatively flat, with a total market cap of $2.8 trillion and a Fear & Greed index of 55, indicating a state of 'Greed' among investors.
As the leading spot XRP fund, Bitwise's ETF may set a benchmark for other crypto ETFs and could attract more institutional investors to the space. Investors will likely watch for further inflows and how the ETF's performance correlates with XRP's price movements.
Since this brief published about 1 hour ago, XRP (XRP) has moved from $1.29 to $1.29 — +0.00%.
The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 XRP ≈ ₦1,760.66 (about $1.29), down 1.3% over 24 hours. The naira itself trades about 2.4% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Bitwise XRP ETF Surges to $561M, Becomes Largest Spot XRP Fu — questions & answers
What is the current value of the Bitwise XRP ETF?
The Bitwise XRP ETF has reached $561 million in assets under management.
How does XRP's price affect the ETF's valuation?
XRP's price movements and technical levels are crucial factors that influence the ETF's valuation.
What is XRP's current price and market cap?
XRP is trading at $1.29 with a market cap of $81.64 billion.
How much is 1 XRP worth in naira today?
About ₦1,760.66 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $1.29. The naira price moves with both XRP's US-dollar price and the USDT/NGN rate; use our XRP in naira page for any amount.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from TronWeekly. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.