Bitwise XRP ETF records $20 million trading volume on Aug. 19

Bitwise crypto investment products recorded about $300 million in combined trading volume on Aug. 19, with the Bitwise XRP ETF contributing roughly 6.6%, or about $20 million. Sosovalue, a crypto analytics platform, put the product’s volume at $22.77 million, its highest single-day level since May 14, when XRP traded at around $1.54. Across the broader XRP ETF market, five products recorded $31.66 million in volume, the highest daily total since mid-June. Trading activity did not translate into comparable inflows: the Bitwise product attracted $1.19 million, below the $7 million recorded on May 14, though it still led all XRP ETFs that day. Bitwise CEO Hunter Horsley disclosed the company’s figures on X, showing Bitcoin ETF BITB at $156 million, Solana ETF BSOL at $58 million, Hyperliquid ETF BHYP at $45 million and Ethereum ETF ETHW at $35 million. Bitwise remains the largest XRP ETF by cumulative net inflows and net assets, with $515.9 million and approximately $322.71 million, respectively, versus $468 million and $247.73 million for Canary Capital’s XRPC. The broader crypto market has lost about $580 billion in value this year, even as crypto investment products continue to attract renewed investor attention.

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