Wealth managers show heightened interest in XRP, Bitwise reports

During a Bitwise presentation to roughly 400 wealth managers, XRP attracted the most audience questions, according to research analyst Ryan Rasmussen.

Event poll highlights curiosity and tentative plans

Rasmussen’s poll showed that 67% of attendees do not currently allocate client portfolios to cryptocurrency, while 60% expect crypto prices to rise by year‑end and the same share plan to allocate to the asset class within the next year. The poll did not specify whether the intended allocations refer to personal, client or firm‑wide investments.

ETF flow dynamics

U.S. spot XRP exchange‑traded funds recorded eleven consecutive sessions of net inflows through September 1, totaling about $170 million, and have accumulated roughly $1.68 billion since launching in November 2025. The streak ended on September 2 with a combined net outflow of approximately $7.2 million.

Institutional exposure

Form 13F filings indicate that Goldman Sachs held the largest disclosed XRP ETF position at the end of Q2, with about $87.4 million, followed by Jane Street ($16.6 million) and Millennium Management ($16.2 million). These filings provide a snapshot of holdings as of June 30 and do not reveal the purpose of the positions.

Barriers to wealth‑manager allocation

Wealth managers must consider volatility, custody, liquidity, suitability and regulatory requirements when evaluating crypto exposure. Spot ETFs simplify custody by removing the need to manage private keys, but they still expose investors to price movements and potential declines.

Outlook

The event demonstrates curiosity about XRP rather than confirmed demand. Future 13F filings and actual fund inflows will clarify whether the stated allocation intentions translate into sustained investment.