The broader landscape around XRP and those ETFs feels far from prior peaks yet some Wall Street giants still linger with quiet intent 🖤. Recent SEC filings reveal that names like Jane Street, Bank of America, Morgan Stanley, UBS and others quietly claimed XRP ETF spots though their holdings vary wildly in scale.
Jane Street Commands the Lead 🌑
In its latest Form 13F filed with the SEC at the end of the prior week covering positions as of June 30 Jane Street Group locked in its lead on XRP ETF plays. Records indicate the firm amassed over 1,200,000 shares of the Bitwise XRP ETF plus stakes in Franklin Templeton Grayscale Canary Capital and 21Shares vehicles.
The Bitwise exposure stands out since it tracks actual spot XRP unlike certain rivals that merely follow indexes. That product launched in November shortly after Canary Capital debuted and has grown into the dominant option since.
The filing covers Q2 as verified by the SEC and details reportable securities at the June 30 cutoff. Jane Street acts as a major market maker trading ETFs and options so this reads more as tactical positioning than a long hold yet the sheer size remains hard to dismiss. It held only 20,605 Bitwise XRP ETF shares at Q1 close so the jump to 1,200,000 shares three months later signals real momentum.
BoA and Morgan Stanley Join the Shadows 🕷️
Bank of America noted in its latest cycle that it held 13,260 shares of the Volatility Shares XRP ETF though the stake equals just 76,000 dollars far below Jane Street levels. That fund also lacks spot exposure unlike Bitwise products. Morgan Stanley revealed positions across three XRP funds at Q2 end including 6,715 shares of Franklin XRP ETF 255 shares of REX-Osprey and 567 shares of the Bitwise version.
These amounts sit tiny against the firm overall book yet they build a pattern of institutions logging regulated XRP access. Wolverine Asset Management took nearly 200,000 Bitwise XRP ETF shares Gallacher Capital Management listed 86,744 Capital XRP ETF shares while Main Street Group and National Bank of Canada reported 5,261 and 3,848 shares of related products respectively. 💉🦇🌹⚰️🪦
Just another echo from the void by iconofsin.eth 💖
