XRP Institutional Exposure Continues to Grow
Regulated investment firm Militia Capital has added XRP exposure to its portfolio through an amended 13F filing. This move joins a growing list of institutions with documented XRP exposure, including Gallacher Capital Management, Brookstone Capital Management, Citadel, and Bank of Montreal.
Militia Capital's position in the Bitwise XRP ETF represents a deliberate allocation to the leading product by flow volume. The firm's decision to disclose its XRP ETF position through a 13F filing suggests that institutional interest and adoption of XRP are increasing.
The trend of institutional investment in XRP is hard to ignore, according to BankXRP. Several regulated institutions have chosen regulated XRP ETF products as their vehicle of entry into the market, including hedge funds, asset managers, and commercial banks.