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National Bank of Canada Reveals Crypto Holdings Amid Market Volatility

Guavy AI Editorial Team
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CAD
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The National Bank of Canada has revealed its holdings in various crypto ETFs through its latest SEC Form 13F filing. The bank holds millions of dollars in an XRP ETF and several Bitcoin ETFs, following Grayscale's significant $XRP sales in the first half of 2023.

The disclosure provides insight into the bank's investment strategy and its confidence in the crypto market. It is worth noting that this development comes after a period of increased regulatory scrutiny for cryptocurrencies.

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