Bank of Montreal Discloses XRP ETF Holdings in $303 Billion Portfolio
Bank of Montreal has disclosed its holdings in XRP-focused ETFs as part of its $303 billion investment portfolio in a recent SEC filing.
The bank holds shares in the Rex Osprey XRP ETF and ProShares Ultra XRP ETF, which provide regulated U.S. ETF products for XRP exposure rather than direct token purchases.
This move reflects a growing trend among Canadian banks to cautiously enter crypto markets via transparent funds.