Morgan Stanley Expands XRP Holdings Amid Growing Institutional Interest
Morgan Stanley has made new investments in three XRP exchange-traded funds (ETFs) and disclosed shares in a Ripple-backed SPAC, according to a regulatory filing submitted to the US Securities and Exchange Commission for the second quarter of 2026. The bank currently manages over $1.9 trillion in assets.
The 13F filing lists 6,715 shares in the Franklin XRP ETF, 255 shares in the REX-Osprey XRP ETF, and 67 shares in the Bitwise XRP ETF. These positions add to Morgan Stanley's earlier holdings in Grayscale's XRP fund and the Volatility Shares XRP ETF reported in the first quarter of 2026.
Morgan Stanley also holds 50,540 shares in Armada Acquisition Corp II, a special purpose acquisition company (SPAC) aligned with Evernorth Holdings, which is backed by Ripple. This announcement closely follows JPMorgan Chase's disclosure of its own investments in both Bitwise and Grayscale XRP funds, as well as a stake in the same SPAC.
The new XRP ETF allocations represent an expansion of Morgan Stanley's digital asset exposure, but remain small compared to the bank's broader cryptocurrency holdings, which are dominated by larger investments in Bitcoin and Ethereum products. Analysts view the continued accumulation as a sign of growing institutional comfort with the XRP market.