Wall Street Is Quietly Loading Up on Ripple (XRP) ETFs: Here’s Who Holds the Most

The latest SEC filings showed that some of Wall Street's biggest names have been quietly scooping XRP ETF shares. Here's who holds the most.

Although the broader landscape around XRP and the ETFs behind it is nowhere near the peaks from last year, some of the most prominent names on Wall Street have not abandoned it.

Just the opposite; the recent SEC filings show that behemoths like Jane Street, Bank of America, Morgan Stanley, UBS, and a few others have reported XRP ETF positions. However, there are significant differences in their exposure.

Jane Street Leads the Pack

In its latest Form 13F filed with the SEC at the end of the previous business week, covering holdings as of June 30, Jane Street Group solidified its spot as a leader in terms of XRP ETF adoption. Data shows that the trading giant held more than 1.2 million shares of the Bitwise XRP ETF alone, alongside exposure to other funds from Franklin Templeton, Grayscale, Canary Capital, and 21Shares.

The Bitwise product exposure is particularly eye-catching because it holds spot XRP, unlike other ETFs tracking the popular altcoin. Bitwise’s product saw the light of day in November, just a few weeks after Canary Capital’s ETF hit Wall Street, and has become the largest of the bunch since.