Canada's National Bank Dives into Crypto with $330K XRP ETF Investment

National Bank of Canada has become the latest traditional financial institution to show its interest in cryptocurrency through U.S.-listed ETFs. According to a recent holdings disclosure, the bank has taken positions in the Bitwise XRP ETF and several Bitcoin ETFs.

The bank's disclosure comes at a time when XRP ETF inflows have slowed down for the last few months. The exact figures for National Bank of Canada's investment are $330K in the Bitwise XRP ETF and various amounts in the Bitcoin ETFs.