Bitwise XRP ETF Now Largest U.S. Spot XRP Fund

Published at 2026-03-04 19:45:34

Bitwise’s spot XRP ETF surged to the top spot among U.S. XRP funds on March 4, 2026, overtaking rival products after sustained inflows. Fund managers and exchanges have pointed to steady investor interest in regulated, custody-backed exposure to XRP as the main driver behind the shift in assets under management.

The development matters because larger ETF pools can improve liquidity, tighten spreads and aid price discovery for XRP, while signaling broader institutional acceptance of spot crypto instruments. Traders and long-term investors may see this as validation of market demand, though volatility and macro factors remain relevant risks. The rise of Bitwise’s fund could prompt more competition and product innovation in spot altcoin ETFs going forward.

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