Morgan Stanley, Canadian Banks Add XRP ETF Exposure

Major financial institutions are increasingly gaining exposure to XRP through regulated exchange-traded funds, as revealed in recent regulatory filings. Morgan Stanley, Bank of Montreal, and National Bank of Canada have all disclosed positions in XRP-linked ETFs in their latest Form 13F reports, which detail holdings as of June 30, 2026. The disclosures highlight a growing trend of traditional finance firms accessing cryptocurrency markets via securities products rather than direct token ownership.

Morgan Stanley's filing, released on August 14, 2026, showed the bank expanded its XRP ETF holdings from the previous quarter. The firm reported positions across the Franklin XRP ETF, REX-Osprey XRP ETF, and Bitwise XRP ETF. This marks a broader allocation compared to the first quarter, when it held a smaller stake split between the Volatility Shares XRP ETF and Grayscale XRP ETF. The bank continues to use regulated funds to gain price exposure without holding XRP directly.

Canadian banks have also entered the space. Bank of Montreal's filing, disclosed on August 13, 2026, confirmed its first XRP-linked positions. The bank reported 323 shares of the REX-Osprey XRP ETF and 20 shares of...