Institutional demand for the Ripple-linked XRP cryptocurrency continues to surge.
According to a recent announcement by Bitwise Asset Management CEO Hunter Horsley, XRP exchange-traded products across both the United States and Europe have now topped $200 million in year-to-date net inflows.
Bitwise’s XRP products
Recently, Bitwise became one of the most dominant players within the XRP investment space.
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The crown jewel of this strategy is the Bitwise XRP ETF (often tracked under tickers such as XRP or 1XRP). It launched on the New York Stock Exchange (NYSE) in late 2025.
The product is meant to provide both retail and institutional players with regulated exposure to the popular token.
The US-based ETF holds spot XRP directly in cold storage.
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The US-based Bitwise XRP ETF boasts a rather impressive total market capitalization of $256.85 million.
Before the US product went live, Bitwise had a Bitwise Physical XRP ETP (commonly traded under the ticker GXRP on European markets).
The product was launched all the way back in April 2022 (long before the SEC started launching ETFs in the US) on major exchanges like Germany’s Xetra. Each unit of the European fund gives the holder a claim on a predefined amount of XRP.
Growing institutional appetite
XRP ETF inflows continue to flow on a weekly basis, bucking the broader bearish trend.
Franklin Templeton’s XRPZ was in the lead with $6.69M. Bitwise’s product brought in $3.97M.
On June 22 alone, the total spot XRP ETF market recorded an impressive $4.72 million in positive net inflows. The market previously absorbed $2.15 million on June 18 and a robust $4.28 million on June 16.
The funds pulled in $2.38 million on June 15 and $1.79 million on June 12. The single largest daily capital injection for the month occurred on June 9, when a massive $6.37 million poured into the ecosystem. Cumulatively, these steady daily flows have pushed the total market capitalization for all global spot XRP ETFs to over $722 million.