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Bitwise XRP ETF trading volume tops $200M in three sessions amid XRP price recovery

Market News
25 Aug 2026, 05:12 WIB
Bitcoin
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Bullish
Bitwise XRP ETF trading volume tops $200M in three sessions amid XRP price recovery

Trading volume in Bitwise's XRP exchange-traded fund (ETF) exceeded $200 million over three consecutive sessions ending August 24, 2026, marking the fund's busiest period since its November 2025 launch. The surge in activity coincided with a sharp recovery in XRP's price, boosted by the U.S. Treasury's announcement to double long-end buyback operations. As of August 23, the fund held about 328 million XRP valued at $484.6 million. While the high trading volume reflects active secondary market turnover, it does not indicate net inflows into the fund. The ETF provides investors access to XRP through traditional brokerage accounts, with shares representing proportional exposure to the underlying digital asset held in custody.

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