Banking giant Morgan Stanley has confirmed exposure to several XRP exchange-traded funds.
The firm's second-quarter 2026 Form 13F filing shows positions across the Franklin XRP ETF, REX-Osprey XRP ETF and Bitwise XRP ETF.
The disclosure is quite significant because Morgan Stanley is one of the world's largest investment banks and wealth-management firms.
Growing institutional exposure
XRP has been persistently showing up on multiple ETF filings. For instance, Militia Capital Management recently filed an amended 13F with the U.S. Securities and Exchange Commission on Aug. 13. The position was valued at roughly $478,000.
SEC records, for example, show institutional holdings of the Bitwise XRP ETF and the REX-Osprey XRP ETF in first-quarter filings.
Bank of Montreal has also reported XRP exposure in its second-quarter filing. For context, it is one of Canada's largest banks.
XRP-related ETFs have attracted positions from a range of wealth managers, banks and institutional investors.
XRP's plunge below $1
In the meantime, the XRP price has plunged below the $1 mark on Binance.
This is the first time it has traded below $1 since November.
XRP has had a particularly poor 2026. It has lost about 46% of its value and underperformed Bitcoin by roughly 31%.
The cryptocurrency has severely underperformed despite growing institutional adoption and steady ETF inflows.
Moreover, recent positive developments within the Ripple ecosystem have failed to boost its price.
At the same time, there has been a notable surge in trading activity.
U.Today Editorial Team
Dan Burgin
