According to an SEC 13F filing, Royal Bank of Canada, Canada’s largest bank, disclosed a position in the Bitwise XRP ETF of approximately 2,000 shares valued at roughly $30,000 on May 16. The Bitwise XRP ETF, which launched in November 2025, holds physical XRP as its primary asset and provides institutions regulated cryptocurrency exposure. While modest relative to RBC’s $570 billion total portfolio, the disclosure marks the first publicly recorded investment position from a major Canadian financial institution in an XRP-focused product.
Related News
Flare Adds MXRPY Vault Targeting 3% to 4% as XRPFi Yield Options Expand
Gate Daily Report (May 15): Bitwise Hyperliquid ETF will be listed and begin trading; Ranger Finance announces a gradual shutdown
Dartmouth College’s endowment fund holds its first Solana-staking ETF, with a total crypto investment portfolio value of $14 million