Bitwise XRP ETF
XRP
62 hedge funds and large institutions have $28.8M invested in Bitwise XRP ETF in 2026 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 12 increasing their positions, 4 reducing their positions, and 5 closing their positions.
2,035% more call options, than puts
Call options by funds: $491K | Put options by funds: $23K
580% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 5
200% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 4
88% more funds holding
Funds holding: 33 → 62 (+29)
57% less capital invested
Capital invested by funds: $66.3M → $28.8M (-$37.5M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MG
Marex Group
London,
|
+$5.16M |
| 2 |
KC
Kaleidoscope Capital
Boston,
Massachusetts
|
+$3.81M |
| 3 |
RWM
Refined Wealth Management
Salt Lake City,
Utah
|
+$2.68M |
| 4 |
IPW
IronBridge Private Wealth
Austin,
Texas
|
+$1.98M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$39.8M |
| 2 |
BFG
Brandywine Financial Group
Thompsons Station,
Tennessee
|
-$8.3M |
| 3 |
Jane Street
New York
|
-$1.15M |
| 4 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$434K |
| 5 |
JP Morgan Chase
New York
|
-$79.4K |
XRP Hedge Fund Activity: Q1 2026 in Review
62 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Bitwise XRP ETF (XRP) for Q1 2026, worth a combined $28.8M — down 57% from $66.3M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new XRP positions and 5 closed out — a net gain of 29 holders — while 12 added to existing stakes and 4 trimmed.
The largest buyer was Marex Group, opening a new position worth an estimated $5.16M. The largest seller was Goldman Sachs, exiting entirely with an estimated $39.8M sold.
- 62 institutional investors held Bitwise XRP ETF (XRP) as of Q1 2026, up from 33 in Q4 2025.
- Funds reported $28.8M of Bitwise XRP ETF stock for Q1 2026, down 57% quarter-over-quarter.
- 34 funds opened new Bitwise XRP ETF positions in Q1 2026 and 5 closed out, a net change of +29 holders.
- The largest Bitwise XRP ETF buyer in Q1 2026 was Marex Group, an estimated $5.16M added.
- The largest Bitwise XRP ETF seller in Q1 2026 was Goldman Sachs, an estimated $39.8M sold.
Based on aggregated 13F filings for Q1 2026.