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Institutional Investors Boost XRP ETFs with $11.45 M Position
Registered investment advisers in the United States are increasing exposure to XRP exchange‑traded funds. Vista Finance LLC disclosed a holding of 129,958 shares of the Franklin XRP ETF, valued at about $11.45 million, making it one of the largest institutional positions reported to date. Other advisers disclosed smaller stakes: Gerber of Ohio reported 12,958 shares of the Franklin XRP ETF, Gallacher Capital Management owned 86,744 shares of the Canary XRP ETF, and CPR Investments held 36,619 shares of the leveraged ProShares Ultra XRP ETF.
Combined assets under management across U.S. XRP ETFs now total roughly $683.66 million, with the Bitwise XRP ETF leading at $243 million, followed by the Canary XRP ETF at $223 million and the Franklin XRP ETF at $167 million. Net inflows into these funds remained steady in July, including 532,500 XRP on July 27, reflecting ongoing investor demand for cryptocurrency‑linked products.
These filings, made with the SEC, indicate growing institutional interest in XRP‑focused investment vehicles, though the amounts remain modest compared with Bitcoin‑ETF allocations.
Entities
Bitwise XRP ETF · Canary XRP ETF · Franklin XRP ETF · Gerber Investment Adviser · Vista Finance LLC