The launch of XRP exchange-traded funds has quickly turned into one of the strongest openings the crypto ETF market has seen this year. Bitwise CEO Hunter Horsley publicly celebrated the early success of his firm’s product, pointing to a surge in investor interest that has driven inflows to nine figures in a couple of days.
His comments come at a time when total XRP ETF inflows across the industry are climbing, whereas Spot Bitcoin and Ethereum ETFs are finding it difficult to maintain the same level of demand they had in the past.
Bitwise XRP ETF Draws $18 Million In A Single Day
The Bitwise Spot XRP ETF started trading on November 20 after going live based on the new fast-track SEC guidelines for launching ETFs. Since then, the ETF has witnessed consistent days of

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