Bitwise’s exchange-traded fund recorded $10 million in weekly inflows, pushing its total net assets to $289 million—slightly above Canary’s $285 million, according to CEO Hunter Horsley.
Bitwise’s XRP exchange-traded fund (ETF) has become the largest of its kind in the United States after attracting approximately $10 million in weekly inflows. The fund now manages $289 million in net assets, surpassing Canary’s $285 million. The milestone underscores rising investor interest in XRP-linked products as digital asset markets see growing institutional participation. Bitwise CEO Hunter Horsley highlighted the development, marking another significant expansion of the firm’s crypto ETF portfolio.