{"id":77247,"date":"2026-08-25T03:05:35","date_gmt":"2026-08-25T03:05:35","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitwise-xrp-etf-trading-volume-tops-200m-across-three-sessions\/"},"modified":"2026-08-25T03:05:35","modified_gmt":"2026-08-25T03:05:35","slug":"bitwise-xrp-etf-trading-volume-tops-200m-across-three-sessions","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitwise-xrp-etf-trading-volume-tops-200m-across-three-sessions\/","title":{"rendered":"Bitwise XRP ETF Trading Volume Tops $200M Across Three Sessions"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Bitwise\u2019s XRP fund traded more than $200 million across three sessions.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">The fund held about 328 million XRP worth $484.6 million on Aug. 23.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Trading volume measures activity and does not represent net inflows.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Bitwise XRP ETF Sets Three Consecutive Volume Records<\/h2>\n<p>Trading activity in the <a href=\"https:\/\/x.com\/teddyfuse\/status\/2092030116100473212\" target=\"_blank\" rel=\"noopener noreferrer\">Bitwise XRP ETF accelerated sharply<\/a> during the three sessions ending Aug. 24, according to Bitwise Asset Management President Teddy Fusaro. The three-day run marked the fund\u2019s busiest stretch since it began trading in November 2025, and it landed during a sharp August recovery in XRP\u2019s price.<\/p>\n<p>Fusaro shared on X:<\/p>\n<blockquote>\n<p>\u201cVolumes in the Bitwise XRP ETF have really popped over the last 3 sessions. Over $80 million traded today, and over $60 mm each of the prior two days \u2013 each of which would have been its highest volume day since inception.\u201d<\/p>\n<\/blockquote>\n<figure id=\"attachment_842129\" aria-describedby=\"caption-attachment-842129\" style=\"width:1523px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-842129\" class=\"wp-caption-text\">Bitwise XRP ETF trading volume exceeded $80 million on Aug. 24 after topping $60 million in each of the prior two sessions. Source: Bloomberg, Teddy Fusaro.<\/figcaption><\/figure>\n<p>The three sessions produced more than $200 million in combined trading volume. The figures represent secondary-market turnover, not net inflows into the fund.<\/p>\n<p>The volume records followed a sharp recovery in XRP, which lifted the fund\u2019s net asset value to $15.36 on Aug. 20, an 11.71% gain, according to Bitwise. Crypto prices turned higher after the U.S. Department of the Treasury said Aug. 19 it would at least double its long-end buyback operations to $4 billion each, effective Sept. 9.<\/p>\n<p>Bitwise\u2019s official data show that the <a href=\"https:\/\/bitxrpetf.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">XRP fund held approximately 328.2 million XRP<\/a> valued at $484.6 million as of Aug. 23. The fund had about $484.5 million in net assets, 29.38 million shares outstanding, and a 0.34% expense ratio. Trading volume measures the value of fund shares exchanged during a session, not capital entering the product. Record turnover can reflect existing shareholders buying and selling from each other, without a single new share being created or an extra token bought.<\/p>\n<h2>Does ETF Demand Offset XRP\u2019s Growing Supply?<\/h2>\n<p>Heavy trading says nothing about the separate test facing the token, which is whether buyers can absorb the XRP entering circulation. XRP\u2019s circulating supply grew 5.5% year over year through escrow releases, according to 21Shares. During the first half of 2026, <a href=\"https:\/\/news.bitcoin.com\/market-updates\/xrp-faces-5-5-annual-supply-dilution-as-xrpl-revenue-falls-81-6\/\">U.S. spot XRP exchange-traded products absorbed 14.8% of the increase<\/a>. The firm estimated that their annualized inflow rate equaled approximately one-seventh of annual net supply growth.<\/p>\n<p>Demand could also come from software that spends money on its owner\u2019s behalf, inside budgets, merchant limits, and approval rules the user sets. T54 co-founder Chandler Fang argued that <a href=\"https:\/\/news.bitcoin.com\/featured\/new-phase-for-xrp-could-emerge-as-ai-agents-move-toward-real-spending\/\">AI agents could select XRPL as settlement infrastructure<\/a> without users choosing the network directly. He emphasized useful economic activity rather than transaction counts alone.<\/p>\n<p>Institutional payments offer another route, though digital assets barely register in the flows Ripple has already acquired. Ripple CEO Brad Garlinghouse said businesses added through acquisitions handle approximately <a href=\"https:\/\/news.bitcoin.com\/ripple-ceo-sees-massive-xrp-opportunity-in-16-trillion-payment-flows\/\">$16 trillion in annual payments and clearing activity<\/a>, while digital assets account for \u201cclose to zero percent\u201d of that volume.<\/p>\n<h2>How the Bitwise XRP ETF Works<\/h2>\n<p>Bitwise <a href=\"https:\/\/bitwiseinvestments.com\/newsroom\/bitwise-xrp-etf-ticker-xrp-launches-on-nyse\" target=\"_blank\" rel=\"noopener noreferrer\">launched the XRP fund<\/a> in November 2025, giving investors access to XRP through traditional brokerage accounts. The product trades under the ticker XRP on NYSE Arca and holds the underlying digital asset through Coinbase Custody Trust Co.<\/p>\n<p>XRP serves as the native digital asset of the <a href=\"https:\/\/www.bitcoin.com\/get-started\/blockchain-tech\/layer-1s\/what-is-ripple-xrp-ledger\/\" target=\"_blank\" rel=\"noopener noreferrer\">public XRP Ledger<\/a>, which supports payments, asset exchange, and tokenization. The XRP Ledger uses validators rather than proof-of-work mining to confirm transactions and update its distributed ledger.<\/p>\n<p>Shares represent proportional exposure to the XRP held by the trust, less operating expenses and liabilities. The fund\u2019s <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/2039525\/000121390025112749\/0001213900-25-112749.txt\" target=\"_blank\" rel=\"noopener noreferrer\">Securities and Exchange Commission prospectus<\/a> states that authorized participants create or redeem shares in blocks of 10,000.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/market-updates\/bitwise-xrp-etf-trading-volume-tops-200m-across-three-sessions\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Bitwise\u2019s XRP fund traded more than $200 million across three sessions. The fund held about 328 million XRP worth $484.6 million on Aug. 23. Trading volume measures activity and does not represent net inflows. Bitwise XRP ETF Sets Three Consecutive Volume Records Trading activity in the [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":77248,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/77247"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=77247"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/77247\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/77248"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=77247"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=77247"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=77247"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}