7-17

Bitwise clients buy $4.41M of $XRP ETF as net assets reach $997M

AI Market Summary

Reported net buying in the XRP spot ETF from Bitwise and Franklin clients signals continued institutional demand for regulated XRP exposure. The fund's net assets nearing $1B and cumulative inflows of $1.49B since launch underscore a steady allocation trend, which can support near-term liquidity and positioning in XRP-linked markets, while keeping attention on regulatory/legal developments tied to Ripple and the SEC.

Impact level

● Medium

Affected assets

XRP/USDT+2.96%

AI Insight · XRP/USDTAI Insight

▲ Bullish

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Bitwise clients bought $4.41M worth of the $XRP ETF yesterday. Franklin clients followed with $2.38M. Net assets now stand at $997M, while cumulative inflows have reached $1.49B since launch.

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