Bitwise CEO Hunter Horsley says the agency’s XRP spot ETF has moved into the highest slot within the US market, edging out rivals on belongings because the class’s liquidity and asset base proceed to broaden.
“The Bitwise XRP ETF (ticker: XRP) is now the most important XRP ETF in America. $10,000,000 inflows to this point this week. Grateful to buyers entrusting Bitwise to steward their belongings,” Horsley wrote on X.
The Bitwise XRP ETF (ticker $XRP ) is now the most important XRP ETF in America.
$10,000,000 inflows to this point this week.
Grateful to buyers entrusting @Bitwise to steward their belongings.
Onward — https://t.co/b9OENfcreD
— Hunter Horsley (@HHorsley) March 4, 2026
XRP ETF Market: By The Numbers
SoSoValue’s US XRP spot ETF dashboard exhibits Bitwise’s fund at $289.00 million in internet belongings. That locations it simply forward of Canary’s XRPC at $285.79 million, a niche of roughly $3.21 million, or about 0.3% of the class’s $1.08 billion complete.
The remainder of the pack sits a tier beneath the leaders. Franklin’s XRPZ exhibits $247.27 million in internet belongings, 21Shares’ TOXR has $179.34 million, and Grayscale’s GXRP stands at $78.18 million. On the price entrance, SoSoValue lists XRP at 0.34%, XRPC at 0.50%, XRPZ at 0.19%, TOXR at 0.30%, and GXRP at 0.35%.
Class-level circulate knowledge exhibits the group took in $4.19 million of internet inflows on March 4, pushing cumulative internet inflows to $1.26 billion. Buying and selling exercise additionally picked up yesterday: complete worth traded hit $56.03 million that session, whereas combination internet belongings rose to $1.0796 billion — about 1.21% of XRP’s market cap.
In the meantime, the circulate historical past paints a really front-loaded launch. From Nov. 13, 2025 by way of March 4, 2026, the class logged 62 periods with internet inflows, versus six outflow periods (with one other six flat days).
The one greatest creation day was Nov. 14 with $243.05 million of internet inflows; the most important redemption day got here a lot in a while Jan. 29, when the group posted -$92.92 million.
That early surge issues as a result of it nonetheless dominates the tape: roughly 77% of the $1.26 billion cumulative internet influx in your file arrived inside the first 4 weeks after inception, and common day by day internet inflows fell sharply after that preliminary ramp (about $48.5 million/day over the primary ~20 periods versus ~$5.3 million/day in subsequent periods).
Weekly aggregates inform the identical story: the primary month repeatedly printed nine-figure weeks, together with the strongest week beginning Nov. 24 at roughly $243.95 million internet influx. Against this, the latest 4 weeks common single-digit hundreds of thousands per week, and there have been two net-outflow weeks total — with the worst week beginning Jan. 26 at about -$52.26 million.
Put otherwise, the “Bitwise is now the most important” milestone is occurring in a market that seems to have moved from launch-phase allocation to maintenance-phase churn, the place rankings can flip on marginal circulate variations and NAV strikes.
At press time, XRP traded at $1.42.
Featured picture created with DALL.E, chart from TradingView.com
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