Bitwise's $259M tokenized Crypto Carry Fund adds XRP alongside BTC, ETH and SOL
Bitwise has brought its $259 million Crypto Carry Fund (USCC) on-chain, placing XRP in the underlying basket alongside Bitcoin, Ether and Solana. The firm says assets under management have topped $250 million and the fund's 30-day yield is around 4% annualized. Shares are tokenized for use as collateral on DeFi venues such as Aave Horizon and Kamino, while the product is offered via private placement to qualified investors.