XRP drew the most attention during a recent Bitwise presentation attended by around 400 wealth managers, according to Bitwise research analyst Ryan Rasmussen.
The event covered several major crypto topics, including Bitcoin, Solana, Hyperliquid, stablecoins and tokenization. But when the session ended, XRP was the cryptocurrency that generated the most questions from attendees.
Rasmussen said there was significant interest in XRP throughout the presentation, highlighting growing curiosity about the asset among professionals in the wealth management industry. While the interest was noticeable, it does not necessarily mean that investors are actively buying XRP or planning immediate allocations.
A poll conducted during the event revealed that most participants still have limited exposure to crypto. About 67% said they currently do not allocate to cryptocurrencies. At the same time, sentiment remained largely positive, with 60% expecting crypto prices to finish the year higher than current levels.
Another 60% of attendees said they expect to add cryptocurrency exposure within the next year. However, these responses reflect future intentions rather than confirmed investment decisions, and actual allocations could depend on market conditions, regulations and internal approval processes.
The results should also be viewed as an informal event survey rather than a comprehensive study of the wealth management industry. Bitwise did not disclose details such as participant locations, firm sizes or assets under management.
Interest in XRP comes at a time when regulated investment products tied to the cryptocurrency continue attracting attention. U.S. spot XRP ETFs recently completed an 11-session streak of net inflows, bringing in roughly $170 million during that period.
Since launching in late 2025, spot XRP ETFs have accumulated around $1.68 billion in net inflows. However, the streak ended on Sept. 2, when the funds recorded approximately $7.2 million in net outflows. While notable, a single day of outflows does not necessarily signal a broader trend change.
Institutional participation in XRP-related products has also increased. Recent regulatory filings showed that major financial firms, including Goldman Sachs, Jane Street and Millennium Management, held positions in spot XRP ETFs during the second quarter.
These filings confirm exposure to XRP investment products but do not reveal whether the positions were long-term investments, hedges, client holdings or market-making inventory.
Despite the growing interest, wealth managers still face several hurdles before adding crypto to client portfolios. Factors such as volatility, custody requirements, liquidity considerations and regulatory compliance continue to influence allocation decisions.
Spot ETFs have made access easier by allowing investors to gain exposure without managing crypto wallets or private keys. Even so, the products remain tied to the performance of the underlying cryptocurrency and carry the same market risks.
For now, the Bitwise event suggests that XRP is attracting growing attention among wealth managers. The strong interest shown during the presentation reflects curiosity and engagement, but whether that interest turns into meaningful investment flows remains to be seen.
