Bitwise Launches XRP ETF with Over $500M in Holdings
Bitwise's new XRP ETF now holds more than half a billion dollars in assets, marking a significant move in the cryptocurrency ETF space.
Bitwise's new XRP ETF now holds more than half a billion dollars in assets, marking a significant move in the cryptocurrency ETF space. XRP (XRP) is trading at ₹124 ($1.30), up 0.8% since this brief published. This is an original Token Times brief based on reporting by U.Today, with live market data added, as of Sat, 17 Oct 2026 18:45:01 UTC.
This development highlights growing institutional interest in XRP and could influence market dynamics by providing a regulated investment vehicle for XRP exposure.
- Bitwise's XRP ETF holds over $500M in assets.
- The ETF establishes Bitwise as a major player in XRP investment products.
- XRP price remains stable despite ETF launch.
Bitwise has launched an 
XRP exchange-traded fund (ETF) with holdings valued at over $500 million, according to U.Today. This significant investment positions Bitwise as a major player in the cryptocurrency ETF space, particularly for XRP.
The new ETF provides institutional and retail investors with a regulated means to gain exposure to XRP, potentially increasing liquidity and demand for the cryptocurrency. This development comes amid a broader trend of institutional adoption of cryptocurrencies through various investment vehicles.
Despite the launch of the Bitwise XRP ETF, the price of XRP has remained relatively stable, with a 24-hour decrease of 1.13% and a 7-day decline of 8.37%. This suggests that the market may have already priced in the news or that the ETF's impact on price is not immediate.
The total cryptocurrency market cap stands at $2.79 trillion, with 
Bitcoin showing a slight 24-hour decline of 0.18%. The overall market sentiment, as indicated by the Fear & Greed index, remains in 'Greed' territory at 55, suggesting a positive outlook despite minor fluctuations.
The launch of the Bitwise XRP ETF could pave the way for more institutional investment in XRP and other cryptocurrencies. Investors will be watching for further developments in cryptocurrency ETF offerings and their impact on market dynamics.
Since this brief published about 2 hours ago, XRP (XRP) has moved from ₹122.69$1.29 to ₹123.65$1.30 — +0.78%.
The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 XRP ≈ ₹135.53 (about $1.30), up 0.1% over 24 hours. The rupee itself trades about 9.6% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Bitwise Launches XRP ETF with Over $500M in Holdings — questions & answers
What is the value of Bitwise's XRP ETF holdings?
The ETF holds over $500 million in XRP.
How has the XRP price reacted to the ETF launch?
XRP's price has declined 1.13% in the past 24 hours.
What does this mean for institutional investors?
It provides a regulated vehicle for institutional XRP exposure.
How much is 1 XRP worth in rupee today?
About ₹135.53 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.30. The rupee price moves with both XRP's US-dollar price and the USDT/INR rate; use our XRP in rupee page for any amount.
Has XRP's price moved since this brief was published?
XRP is up 0.78% since this brief first published — trading at ₹124 ($1.30) now versus ₹123 ($1.29) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from U.Today. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.