BMO Reveals Holdings in XRP-Linked ETFs Worth Over $303 Billion
Bank of Montreal (BMO) has disclosed its holdings in two XRP-linked exchange-traded funds (ETFs), according to its U.S. Securities and Exchange Commission (SEC) 13F filing.
The bank reported holding 323 shares of the REX-Osprey XRP ETF (XRPR) and 20 shares of the ProShares Ultra XRP ETF (UXRP) in a portfolio worth over $303 billion at the end of June 2026.
These positions do not mean BMO purchased XRP directly, but rather provides exposure through U.S.-listed investment products that give institutions access to XRP-related assets without holding the underlying token.
The ProShares Ultra XRP ETF is a leveraged product designed to provide amplified daily exposure to XRP, which could reflect a short-term trading or hedging strategy by BMO.