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Bitwise updates its XRP ETF on NYSE Arca with $616M AUM and 0.34% fee, custody by Coinbase, admin by BNY Mellon.

Market News
30 Sep 2026
Coinpaper
View Source
Bullish
Bitwise updates its XRP ETF on NYSE Arca with $616M AUM and 0.34% fee, custody by Coinbase, admin by BNY Mellon.

Bitwise has updated its XRP ETF listed on NYSE Arca under the ticker XRP, managing about $616.4 million in assets with a 0.34% annual fee. The ETF provides direct exposure to XRP held by the trust, with Coinbase Custody safeguarding the cryptocurrency and BNY Mellon handling traditional fund administration and shareholder services. This structure bridges crypto custody and traditional finance, allowing investors to access XRP through an exchange-traded product without managing wallets or private keys. The ETF uses the CME CF XRP-Dollar Reference Rate for valuation, offering a standardized benchmark for investors.

Following Bitwise's update on its XRP ETF, XRP on Pluang trades at Rp27.505 with a market cap of Rp1.724,94 trillion as of Sep 30, 2026, 20:25 WIB. The token shows a 0.71% decline in the last day, while Pluang users currently have a 74% buy order activity and typically hold XRP for 71 days. This snapshot highlights active engagement with XRP among Indonesian retail investors at the time of the update.

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