BMO Unveils $303 Billion XRP ETF Holdings

Bank of Montreal (BMO), Canada's second-largest bank, has revealed its holdings in XRP-related exchange-traded funds (ETFs) within its US portfolio. The bank disclosed that it holds shares in the REX-Osprey XRP ETF and ProShares Ultra XRP ETF, with a combined value exceeding $303 billion as of June 2026.

This move highlights how traditional financial institutions are accessing digital assets through regulated investment vehicles rather than direct ownership. BMO's decision to hold shares in these ETFs signals growing institutional interest in XRP.

Ripple, the company behind XRP, has been making efforts to increase adoption and integration of the cryptocurrency with traditional finance. The development is significant as it shows that even major financial institutions are exploring ways to access digital assets through established investment channels.