Wall Street Giants Amass XRP ETF Holdings Amid Price Struggles

SEC filings reveal that some of Wall Street's biggest names have been quietly accumulating XRP ETF shares. The latest report shows that institutions like Jane Street, Bank of America, and Morgan Stanley hold significant positions in various XRP-related funds.

Jane Street stands out as the largest holder of XRP ETFs, with over 1.2 million shares of the Bitwise XRP ETF alone. This is a substantial increase from the 20,605 ordinary shares reported at the end of Q1. The Bitwise product tracks spot XRP and has become one of the largest XRP ETFs since its launch in November.

Other notable institutions with XRP-related holdings include Bank of America (13,260 shares of the Volatility Shares XRP ETF), Morgan Stanley (6,715 shares of Franklin's XRP ETF), Wolverine Asset Management (nearly 200,000 Bitwise XRP ETF shares), and Gallacher Capital Management (86,744 Capital XRP ETF shares).