Bitwise XRP ETF

Bitwise XRP ETF reported a significant decline in its Principal Market NAV per Share, dropping 26.54% to $15.03 for the three months ended March 31, 2026. The Trust experienced a net loss from operations of $(91.70) million, primarily due to a net change in unrealized depreciation on its XRP investment of $(83.99) million. Despite this, total net assets increased by $20.49 million to $261.86 million, driven by capital share creations, and total XRP holdings grew to 194.90 million.