Banking giant Morgan Stanley has confirmed exposure to multiple XRP exchange-traded funds in its second-quarter 2026 Form 13F filing. The disclosure shows positions across the Franklin XRP ETF, REX-Osprey XRP ETF and Bitwise XRP ETF, underscoring growing institutional interest in XRP-based investment products.
The filing is notable because Morgan Stanley is one of the world's largest investment banks and wealth-management firms. It follows a pattern of rising institutional adoption: Militia Capital Management recently filed an amended 13F with the U.S. Securities and Exchange Commission on Aug. 13, listing an XRP position valued at roughly $478,000. SEC records also show institutional holdings of the Bitwise XRP ETF and REX-Osprey XRP ETF in first-quarter filings.
Canada's Bank of Montreal, one of the country's largest banks, has also reported XRP exposure in its second-quarter filing. Overall, XRP-related ETFs have attracted positions from a range of wealth managers, banks and institutional investors.
Despite that adoption, XRP has fallen below the $1 mark on Binance for the first time since November. The token has lost about 46% of its value in 2026 and has underperformed Bitcoin by roughly 31%. Positive Ripple ecosystem developments and steady ETF inflows have not been enough to lift price, even as trading activity has surged.