Canada's National Bank Discloses XRP ETF Holdings Worth $330K

National Bank of Canada has disclosed its holdings in US-listed crypto investment products through a Form 13F filing. The report, covering holdings as of June 30, 2026, reveals that the bank owns 3,848 shares of Bitwise's XRP ETF, valued at approximately $330,000.

This is not direct custody of XRP or BTC; instead, the bank is reporting positions in listed investment products. The distinction is important because it shows regulated financial institutions using crypto wrappers for portfolio exposure.

The reported Bitcoin ETF exposure of around $6.4 million is much larger than the XRP ETF position, reflecting the broader institutional hierarchy in crypto. Bitcoin remains the most accepted asset for traditional investors, with a deeper ETF market and stronger macro narrative.