SEC Filings Reveal Institutional Moves in RXO and XRP ETF
Recent SEC Form 13F filings show Emerald Advisers LLC increasing its stake in trucking firm RXO Inc to roughly 0.27% of outstanding shares, valued at about $6.4 million after purchasing an additional 438,370 shares in the first quarter. The filing also details other investors such as Royal Bank of Canada and Mirae Asset Global ETFs adjusting their holdings in RXO.
Separately, Brookstone Capital Management’s 13F filing disclosed a holding of 12,380 shares of the Volatility Shares XRP ETF (XRPI) with a fair‑value of $71,059. Social‑media posts mistakenly amplified the figure to $71 million by applying an outdated reporting convention that expressed values in thousands. The SEC’s guidance since January 2023 reports dollar values to the nearest dollar, confirming the actual value is $71,059, not $71 million. The ETF invests in XRP futures and does not hold XRP directly.