Bitwise XRP ETF inflows top $200m as demand holds
Bitwise CEO Hunter Horsley said the firm’s XRP exchange-traded products in the U.S. and Europe saw inflows on June 23.
- Bitwise XRP ETFs in the U.S. and Europe have topped $200m year-to-date inflows so far.
- The update follows May gains when XRP ETFs beat Bitcoin and Ethereum combined fund flows.
- Bitwise has also seen strong HYPE ETF demand, showing broader altcoin product interest this year.
He added that Bitwise XRP ETFs have now attracted “over $200,000,000 of inflows year to date.”
Meanwhile, the post points to steady demand for regulated XRP exposure across more than one market. The figure refers to Bitwise’s own XRP products, not the full global XRP ETF market. It still adds to a wider trend of investors using exchange-traded products to gain access to altcoins.
The U.S. product gives buyers spot XRP exposure through a listed fund structure, while the European product offers a similar route in ETP form. That structure can suit investors that cannot hold tokens directly but can buy regulated wrappers through broker or exchange accounts. That can widen access without changing the risk profile of XRP itself.
Recent daily data also showed positive XRP ETF flows through several June sessions. The market recorded $5.31 million in net inflows on June 22, after $2.55 million on June 18 and $5.30 million on June 16. The largest reported daily inflow for the month came on June 9, when $7.44 million entered the products.
XRP fund demand has stayed positive
The latest update follows a strong run for XRP-linked funds this year. As crypto.news reported, XRP ETFs drew $131.94 million in May, their strongest monthly inflow total of 2026. The same report said Bitcoin and Ethereum products posted heavy monthly outflows during that period.
Earlier in May, crypto.news also reported that U.S. spot XRP ETFs recorded $25.8 million in combined daily inflows, the highest level since Jan. 5. Franklin Templeton’s XRPZ led that session with $13.6 million, while Bitwise added $7.6 million and Grayscale attracted $4.6 million.
Those flows show that XRP products have continued to pull capital even when the spot token has faced pressure. ETF flows do not guarantee price gains, but they can show where fund buyers are choosing to allocate capital.
Bitwise builds altcoin ETF profile
Bitwise has also drawn attention through other altcoin products. As previously reported by crypto.news, Horsley said the Bitwise Hyperliquid ETF recorded about $19 million in daily inflows in May, its largest one-day total at the time.
Horsley also said BHYP had become the largest Hyperliquid ETF in the world. In that update, he wrote, “Incredible to see investor interest.” The HYPE fund’s rise showed that Bitwise was not only finding demand for large-cap crypto products.
The firm’s XRP update now adds another asset to that pattern. Both HYPE and XRP have drawn interest from investors looking beyond Bitcoin and Ethereum, although each product carries its own market and regulatory risks.
XRP ETF market keeps expanding
Recently, crypto.news reported that seven spot XRP ETFs trade in the U.S., with cumulative inflows around $1.43 billion since their November 2025 launch. The same report said May had brought a record month near $132 million in inflows.
That broader total is separate from Horsley’s Bitwise-specific figure. His post focuses on Bitwise products across the U.S. and Europe, where the firm offers regulated XRP exposure through exchange-traded structures.
The flows arrive as XRP remains tied to broader debates around crypto regulation, institutional access, and Ripple-linked market activity. For fund issuers, XRP demand shows that some investors still want altcoin exposure through regulated products.
