XRP (XRP) Most Asked-About Crypto in Bitwise Talk to 400 Wealth Managers

Bitwise Session With 400 Wealth Managers

XRP dominated the question period when Bitwise analysts presented to roughly 400 wealth managers this week, a detail that says as much about the audience as it does about the asset. Research analyst Ryan Rasmussen and chief investment officer Matt Hougan walked participants through Bitcoin, Solana, Hyperliquid, stablecoins, tokenization and the broader DeFi landscape during the session, yet the token that drew the sharpest follow-up questions was XRP, the cross-border settlement asset. Rasmussen confirmed in a post on X that XRP was “the most asked about throughout the presentation,” adding that the level of interest was clearly elevated. Attendees pressed for detail on the token specifically, indicating the curiosity went beyond casual small talk. Bitwise, an asset manager that builds exchange-traded funds and index products for institutional access to crypto, has been polling adviser sentiment directly, and this session snapshot is unusually granular. Of the approximately 400 participants, 67% have not yet made any crypto allocation, according to Rasmussen. Expectations, however, are shifting: 60% of the room expects crypto prices to be higher by the end of the year, and an identical 60% share said they plan to allocate to the asset class within the next 12 months. For an asset whose U.S. spot funds launched only in November, that mix of high awareness and near-zero positioning describes a demand pipeline still waiting to open. Our XRP coverage has tracked this pattern all year: product availability arrives first, adviser education follows, and allocations lag by quarters rather than weeks. Whether curiosity converts into portfolios will show up first in fund flows — which, as the latest session data confirms, have just recorded their first pause in nearly two weeks.

a post on Xhttps://x.com/RasterlyRock/status/2095323973395554417

11-Day Inflow Streak Ends Sept. 2

U.S. spot XRP exchange-traded funds absorbed net inflows for 11 consecutive trading days through Tuesday, taking in roughly $170 million over the stretch, per SoSoValue flow data. Cumulative net inflows since the funds went live in November now stand at approximately $1.68 billion. The streak ended on Sept. 2, when the funds posted about $7.2 million in net outflows. Context matters here: the same session also produced roughly $14.3 million of outflows from spot Bitcoin ETFs and $47.6 million from spot Ether ETFs, pointing to a broad one-day de-risking across crypto products rather than an XRP-specific reversal. Beneath the daily noise, disclosed institutional positions corroborate the demand picture. Second-quarter filings data shows Goldman Sachs carrying the largest disclosed institutional XRP position at quarter-end, valued at about $87.4 million. Jane Street followed with $16.6 million, and Millennium Management with $16.2 million. All three are high-volume trading institutions, and none of these positions is a passive index holding — they represent active balance-sheet exposure disclosed through official filings. Structural context supports the same thesis: the Bank for International Settlements has been testing the XRP Ledger for official statistics verification, and Evernorth's liquidity report showed ledger order-book volume up 79% quarter-over-quarter. Put together, the flow record and the filings sketch a market in which professional infrastructure is being built around XRP faster than adviser portfolios are being allocated to it. The Sept. 2 outflow is the first test of whether the 11-day bid reflected conviction or momentum; one session is noise, but the next several will determine whether the $1.68 billion cumulative figure keeps compounding or stalls. Readers tracking the market in real time can follow live spot and futures prices on Gate.

Allocation Gap Is the Upside Case

The thematic thread linking both developments is a gap between interest and ownership. On the primary record we can verify — Rasmussen's own account of the session and the SoSoValue flow ledger — demand for XRP is forming ahead of positioning: nearly 400 professionals asked the most questions about it, 60% plan to allocate within a year, yet 67% hold nothing. Unlike retail mood gauges such as the crypto Fear and Greed Index, adviser allocation cycles move in quarters, which means the unallocated 67% is the real upside case for future flows. For readers evaluating practical entry mechanics while that allocation wave builds, our guide on how to buy XRP walks through the basics.