- XRP gains a top-three position in the Bitwise 10 ETF and attracts rising institutional interest.
- Bitwise’s spot XRP ETF records steady inflows and nears the $200 million mark.
- XRP ETFs move toward $1 billion in cumulative inflows as adoption accelerates.
Institutional adoption of XRP has entered a new acceleration phase, driven by its formal re-indexing into Wall Street’s premier crypto baskets. Bitwise Asset Management confirmed that XRP now commands a 5.17% allocation in the Bitwise 10 Crypto Index ETF (BITW), effectively crowning it as a “blue-chip” asset alongside Bitcoin (74.3%) and Ethereum (15.5%).
Related: XRP Eyes $2.60 Resistance as Franklin Templeton, Bitwise ETF Volume Soars
The ‘Blue Chip’ Validation: BITW Re-Indexing
The inclusion in the Bitwise 10 is structurally significant. The fund employs rigorous screening for liquidity, custody readiness, and regulatory compliance.
By elevating XRP into the top tier, Bitwise is signaling to wealth managers that the asset has cleared the necessary legal hurdles to be held in diversified, passive portfolios.
The index applies screens for liquidity, custody readiness, and regulatory compliance. Bitwise argues that these standards offer investors broad exposure while reducing operational risks. Its decision to elevate XRP comes as the asset demonstrates resilience in both liquidity and market participation.
However, the addition of XRP comes at a time when multi-asset ETFs are gaining attention. Nate Geraci, President of NovaDius Wealth Management, noted that such diversification represents the type of adoption typically associated with maturing markets.
XRP Spot ETF Flows: Nearing the $1 Billion Threshold
Momentum extends beyond the index fund. Bitwise’s standalone XRP ETF has posted uninterrupted inflows since its launch on November 20. Total assets now stand at $199.86 million, supported by cumulative inflows of $192.76 million. The product holds roughly 100 million XRP, reflecting steady institutional participation.
Canary Capital CEO Steven McClurg said institutions are showing clearer conviction, adding that interest in XRP’s broader ecosystem has strengthened following Ripple’s work on its RLUSD stablecoin. He believes the token’s expanding utility is helping drive demand for ETFs.
Related: Bitwise and 21Shares to Launch Spot XRP ETF: Is XRP Price Rebound Next?
XRP-focused products are now approaching a major threshold. Total inflows across all U.S. ETFs tied to the asset are less than $60 million away from the $1 billion mark. According to market data, the category is approaching this move faster than any crypto ETF since Ethereum’s launch in 2024.
Ripple CEO Brad Garlinghouse highlighted the combination of regulated access and community engagement as a key factor driving the current trend. He argued that investors waited years for compliant on-ramps and are now moving capital through traditional structures at a faster rate.
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Source: https://coinedition.com/xrp-secures-top-tier-weighting-in-bitwise-10-crypto-index-fund/
