TLDR
- Bitwise XRP ETF claimed the leading position among U.S. spot funds following $10 million in weekly investor contributions.
- The fund currently oversees $289 million in net assets, moving ahead of Canary Capital’s $285.79 million.
- Bitwise secured first place within four months of its November 21, 2025 market debut.
- Canary Capital’s competing fund entered the market on November 13, 2025, holding the lead until this recent change.
- The five U.S. spot XRP ETFs combined have accumulated $1.26 billion in total net inflows.
Bitwise Asset Management has claimed the leading position in the U.S. XRP exchange-traded fund sector. The firm’s offering now ranks first by total assets under management following recent weekly capital inflows. Current data demonstrates that consistent investor demand elevated the fund above its primary competitor.
Bitwise Fund Leads U.S. XRP ETF Sector by Total Assets
The Bitwise offering, trading under the ticker XRP on NYSE Arca, currently manages $289 million in net assets. The fund moved past Canary Capital’s competing product, which holds $285.79 million in assets. This transition occurred after approximately $10 million flowed into the fund during the present week.
Bitwise achieved this milestone within four months of its November 21, 2025 launch date. While Bitwise submitted its application for a spot product ahead of competitors, Canary Capital brought its fund to market on November 13, 2025. Canary maintained the leading position for multiple months before this recent development.
Hunter Horsley, Chief Executive Officer at Bitwise Asset Management, confirmed the achievement on X. He noted that robust investor contributions during the current week propelled the fund to its leading status. He expressed appreciation to investors for choosing to allocate their capital through the firm.
Continuous capital inflows provided momentum for the recent advancement, expanding the fund’s overall net assets. The weekly contributions enabled Bitwise to eliminate the existing gap with Canary. The Bitwise product now holds the top ranking among all U.S. spot XRP investment vehicles.
Combined XRP ETF Market Reaches $1.26B in Total Inflows
Five distinct spot XRP ETF products currently operate within the United States marketplace. Aggregate data reveals these investment vehicles have attracted $1.26 billion in combined net inflows. Meanwhile, total net assets throughout the entire group measure $1.08 billion.
Figures from SoSoValue show the funds have maintained steady inflows beginning February 24. During the latest trading session, the products attracted approximately $4.19 million. These contributions expanded their aggregate totals and reinforced overall asset positions.
Based on present market valuations, the five funds together control roughly 765.95 million XRP tokens. Bitwise and Canary occupy the first and second positions by assets under management. Franklin Templeton, 21Shares, and Grayscale Investments follow in third, fourth, and fifth rankings respectively.
Franklin Templeton holds $247 million in net assets connected to its XRP offering. 21Shares controls approximately $179 million in net assets. Grayscale Investments manages $78 million associated with its fund.
The current rankings represent the most recent reported asset figures for each issuer. Bitwise occupies the leading position after this week’s capital inflows elevated its total to $289 million. The information reflects numbers recorded at the conclusion of the most recent trading session.
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