XRP ETFs Attract Growing Institutional Interest

Institutional interest in XRP investment products continues to grow, with another U.S. wealth adviser disclosing a new position in an XRP exchange-traded fund.

The Ohio-based registered investment adviser Gerber, overseeing $592 million in assets, reported holding 12,958 shares of the Franklin XRP ETF, according to a filing with the U.S. Securities and Exchange Commission.

This adds to a growing list of advisers seeking regulated exposure to XRP, as investment firms have steadily added new positions over recent weeks.

The filings suggest that XRP ETFs are beginning to attract a broader base of professional investors rather than isolated speculative interest.