{"id":75103,"date":"2026-03-05T17:02:04","date_gmt":"2026-03-05T17:02:04","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=75103"},"modified":"2026-03-05T17:02:04","modified_gmt":"2026-03-05T17:02:04","slug":"xrp-etf-race-bitwise-says-its-now-americas-largest","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=75103","title":{"rendered":"XRP ETF Race: Bitwise Says It\u2019s Now America\u2019s Largest"},"content":{"rendered":"
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Bitwise CEO Hunter Horsley says the firm\u2019s XRP spot ETF has moved into the top slot in the US market, edging out rivals on assets as the category\u2019s liquidity and asset base continue to expand.<\/p>\n

\u201cThe Bitwise XRP ETF (ticker: XRP) is now the largest XRP ETF in America. $10,000,000 inflows so far this week. Grateful to investors entrusting Bitwise to steward their assets,\u201d Horsley wrote on X.<\/p>\n

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The Bitwise XRP ETF (ticker $XRP<\/a> ) is now the largest XRP ETF in America.<\/p>\n

$10,000,000 inflows so far this week.<\/p>\n

Grateful to investors entrusting @Bitwise<\/a> to steward their assets.<\/p>\n

Onward \u2014 https:\/\/t.co\/b9OENfcreD<\/a><\/p>\n

\u2014 Hunter Horsley (@HHorsley) March 4, 2026<\/a><\/p>\n<\/blockquote>\n

XRP ETF Market: By The Numbers<\/h2>\n

SoSoValue\u2019s US XRP spot ETF dashboard shows Bitwise\u2019s fund at $289.00 million in net assets. That places it just ahead of Canary\u2019s XRPC<\/a> at $285.79 million, a gap of roughly $3.21 million, or about 0.3% of the category\u2019s $1.08 billion total.<\/p>\n

The rest of the pack sits a tier below the leaders. Franklin\u2019s XRPZ shows $247.27 million in net assets, 21Shares\u2019 TOXR has $179.34 million, and Grayscale\u2019s GXRP stands at $78.18 million. On the fee front, SoSoValue lists XRP at 0.34%, XRPC at 0.50%, XRPZ at 0.19%, TOXR at 0.30%, and GXRP at 0.35%.<\/p>\n

Category-level flow data shows the group took in $4.19 million of net inflows on March 4, pushing cumulative net inflows to $1.26 billion. Trading activity also picked up yesterday: total value traded hit $56.03 million that session, while aggregate net assets rose to $1.0796 billion \u2014 about 1.21% of XRP\u2019s market cap.<\/p>\n

Meanwhile, the flow history paints a very front-loaded launch<\/a>. From Nov. 13, 2025 through March 4, 2026, the category logged 62 sessions with net inflows, versus six outflow sessions (with another six flat days).<\/p>\n

The single biggest creation day was Nov. 14 with $243.05 million of net inflows; the largest redemption day came much later on Jan. 29, when the group posted -$92.92 million.<\/p>\n

That early surge matters because it still dominates the tape: roughly 77% of the $1.26 billion cumulative net inflow in your file arrived within the first four weeks after inception, and average daily net inflows fell sharply after that initial ramp (about $48.5 million\/day over the first ~20 sessions versus ~$5.3 million\/day in subsequent sessions).<\/p>\n

Weekly aggregates tell the same story: the first month repeatedly printed nine-figure weeks, including the strongest week starting Nov. 24 at roughly $243.95 million net inflow. By contrast, the most recent four weeks average single-digit millions per week, and there were two net-outflow weeks overall \u2014 with the worst week<\/a> starting Jan. 26 at about -$52.26 million.<\/p>\n

Put differently, the \u201cBitwise is now the largest\u201d milestone is happening in a market that appears to have moved from launch-phase allocation to maintenance-phase churn, where rankings can flip on marginal flow differences and NAV moves.<\/p>\n

At press time, XRP traded at $1.42.<\/p>\n

\"XRP<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitwise CEO Hunter Horsley says the firm\u2019s XRP spot ETF has moved into the top slot in the US market, edging out rivals on assets as the category\u2019s liquidity and asset base continue to expand. \u201cThe Bitwise XRP ETF (ticker: XRP) is now the largest XRP ETF in America. $10,000,000 inflows so far this week. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-75103","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/75103","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=75103"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/75103\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=75103"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=75103"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=75103"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}