Bitwise XRP ETF holds $541M in assets with 417.7M XRP, showing growth since launch under a year ago.
The Bitwise XRP ETF reported net assets of $541.12 million as of October 15, holding 417.7 million XRP tokens. This marks an increase in XRP holdings compared to a previous snapshot in September, reflecting growth less than 11 months after the fund began trading on November 20, 2023. The fund's net asset value fluctuates daily based on XRP prices and operational factors, with cumulative inflows of $688 million since inception. The ETF trades on NYSE Arca under ticker XRP and charges a 0.34% management fee, waived initially for the first $500 million in assets.
The Bitwise XRP ETF reported net assets of $541.12 million as of October 15, holding 417.7 million XRP tokens. This marks an increase in XRP holdings compared to a previous snapshot in September, reflecting growth less than 11 months after the fund began trading on November 20, 2023. The fund's net asset value fluctuates daily based on XRP prices and operational factors, with cumulative inflows of $688 million since inception. The ETF trades on NYSE Arca under ticker XRP and charges a 0.34% management fee, waived initially for the first $500 million in assets.
What's Your Reaction?
