Bitwise XRP Fund Inflows Cross $200 Million Milestone

CEO Hunter Horsley confirmed the figures on June 23, noting that steady demand persists across both American and European markets. These products provide a vital bridge for institutional and retail investors who prefer the structure of a listed fund over direct token ownership. While these inflows do not directly correlate with price performance, they signal a clear appetite for altcoin exposure through established financial channels. The momentum follows a resilient May, during which XRP-linked funds outperformed their larger counterparts, even as Bitcoin and Ethereum products faced significant outflows.

Expanding Altcoin Interest

The firm’s success with XRP is part of a broader strategy to capture demand beyond major digital assets. Bitwise has seen similar traction with its Hyperliquid (HYPE) ETF, which recorded $19 million in daily inflows during May. Across the wider market, the appetite for XRP remains robust, with seven U.S.-based spot ETFs having accumulated roughly $1.43 billion since their launch in November 2025. By offering regulated access, issuers like Bitwise are effectively widening the participant pool, allowing investors to navigate the complexities of the crypto market without altering the fundamental risk profile of the underlying asset.