National Bank of Canada Discloses Modest XRP and Bitcoin ETF Holdings

According to recent Form 13F filings, National Bank of Canada disclosed its holdings in US-listed crypto investment products. The bank reported owning shares of Bitwise's XRP ETF valued at approximately $330,000 and having around $6.4 million in ProShares and Fidelity Bitcoin ETF exposure as of June 30, 2026.

The notable distinction here is that this is ETF exposure, not direct custody of XRP or BTC. The bank does not hold physical tokens on-chain but rather reports positions in listed investment products.

This filing is significant because it shows regulated financial institutions continuing to use crypto wrappers for portfolio exposure. While the $330,000 XRP ETF position may seem small, it indicates that at least some regulated portfolios are willing to hold XRP-linked products.