XRP Draws Strongest Interest During Bitwise Presentation to 400 Wealth Managers

In Brief:

• XRP drew the most questions from 400 wealth managers during Bitwise’s presentation covering several major cryptocurrency sectors and investment themes.
• Spot XRP ETFs attracted $170 million across 11 inflow sessions, while cumulative inflows reached approximately $1.68 billion since their launch.
• Goldman Sachs led disclosed institutional XRP exposure, although 67% of surveyed wealth managers had not allocated capital to cryptocurrency investments.

XRP attracted more questions than any other cryptocurrency during a Bitwise presentation attended by 400 wealth managers. According to Bitwise research analyst Ryan Rasmussen, the audience showed considerable interest in XRP throughout the presentation. Rasmussen delivered the session alongside Bitwise chief investment officer Matt Hougan, covering several cryptocurrency sectors.

Their presentation examined Bitcoin, Solana, Hyperliquid, stablecoins, tokenization, and other developments influencing digital asset investment strategies. However, XRP became the leading subject among attendees, showing that wealth managers want greater understanding of the token.

Rasmussen confirmed the response through a post on X, describing XRP as the most asked-about cryptocurrency during the session. Although questions do not represent confirmed allocations, they reveal which assets financial professionals are examining.

Furthermore, this interest corresponds with increasing exposure to regulated XRP investment products. Spot XRP exchange-traded funds recorded 11 consecutive sessions of net inflows through September 1.

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XRP ETF Inflows Strengthen Institutional Interest

During that streak, the funds attracted approximately $170 million, while cumulative inflows reached $1.68 billion since their November launch. However, the run ended on September 2, when the products registered approximately $7.2 million in net outflows.

Institutional filings further demonstrate professional involvement in XRP products. Goldman Sachs held approximately $87.4 million in exposure at the second quarter’s end.

Consequently, the bank ranked as the largest disclosed institutional holder within data compiled by Bloomberg Intelligence. Jane Street followed with $16.6 million, while Millennium Management reported approximately $16.2 million in exposure.

Most Wealth Managers Remain Uninvested

Despite increasing professional attention, 67% of presentation participants had not allocated capital to cryptocurrency. Nevertheless, 60% expected cryptocurrency prices to end the year higher.

Another 60% planned to allocate money to digital assets within the following year. Therefore, wealth managers appear interested but cautious about selecting products and developing suitable allocation strategies.

XRP has become an important subject among wealth managers evaluating cryptocurrency exposure. Moreover, ETF inflows and institutional holdings provide measurable evidence supporting that attention.

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