Abstract: The floating rope marker is comprised of a rope assembly having a braided hollow rope with an upper end portion being turned in and threaded back inside itself and a lower end portion being turned in through a side wall of the rope and threaded back inside the rope to form a loop so that the two end portions of the rope are close together within the rope. A cylindrical float member is inserted in the turned in portion of the upper end and a section of heat shrinkable tubing is shrunk on the lower end portion of the rope to hold the turned in portion of the lower end porton in place. A hook having a base is held in the lower end portion loop and a hook part adapted for releasably holding a fish extends downwardly in the water.