Bitwise's XRP ETF Tops $500M in Net Inflows, Taking the Lead in the Category

Bitwise's spot XRP ETF has pushed past $500 million in cumulative net inflows, becoming the first product in the XRP ETF space to hit the milestone. The broader group has continued to attract steady capital despite months of price weakness in XRP, with Bitwise emerging as the main driver of recent inflows. The Bitwise XRP ETF (ticker: XRP) opened its first trading session of 2026 on Jan. 2 with no flows. Buying picked up quickly: on Jan. 5, the fund brought in $16.61 million, representing 36% of the $46.1 million total inflow posted by XRP ETFs that day. On Jan. 7, when the category logged its first-ever daily outflow of $40.8 million, Bitwise moved in the opposite direction with $2.44 million of net inflows, helping soften the day's net redemption. Through January and February 2026, the fund avoided any intraday outflow. It drew $72.89 million in January, compared with $15.59 million for the overall XRP ETF market. In February, it added $32.26 million, accounting for 55% of the market's $58.09 million. Bitwise recorded its first intraday outflow on March 6. Since launching in late November 2025, the ETF has posted just 7 days with intraday outflows, versus 19 such days for the overall XRP ETF market over the same period. Since public trading began, Bitwise has not registered a single month with net outflows. After January's $72.89 million and February's $32.26 million, the fund took in $7.02 million in March, $44.74 million in April, $49.48 million in May, and $27.98 million in June. In July so far, it has added $1.80 million, lifting cumulative net inflows to $501.15 million at press time. The ETF first cleared the $500 million mark on June 29, when cumulative net inflows reached $505 million. It briefly slipped below $500 million at the start of July, then moved back above the threshold. Rivals remain below the milestone. Canary Capital's Canary Capital XRP ETF (XRPC), which launched earlier and started strong, stands at $466.97 million in cumulative net inflows. Franklin Templeton's XRPZ is third with $413.23 million, while Grayscale's GXRP totals $131.46 million. Across all XRP ETFs, cumulative net inflows amount to $1.49 billion, nearing $1.5 billion. Bitwise accounts for 33% of the total, the largest share held by any single product. Disclaimer: This content is for informational purposes only and should not be construed as financial advice. Views expressed may reflect the author's personal opinions and do not necessarily represent The Crypto Basic. Readers should conduct their own research before making investment decisions. The Crypto Basic is not responsible for any financial losses.