Morgan Stanley’s XRP Exposure Emerges as Price Struggles Near $1

XRP has shed more than 10% over the past week as its struggle near $1 continues. This downward pressure has pushed the crypto asset’s yearly losses to almost 70%.

Despite the negative sentiment, institutional participation appears to be intact, as several firms continue to use exchange-traded products to gain exposure to XRP.

Institutions Remain Unfazed

Morgan Stanley has disclosed its XRP exposure in the second quarter of 2026. The Wall Street giant holds positions through three XRP-linked exchange-traded funds: Franklin, REX-Osprey, and Bitwise ETF. Its largest position was in the Franklin fund, with 6,715 shares. The filing showed 255 shares of the REX-Osprey ETF and 67 shares of Bitwise’s.

The 13F filing also shows a larger position in Armada Acquisition Corp II, the SPAC partner of Ripple-backed Evernorth Holdings.

Several investment firms have had exposure to the token through exchange-traded products. For example, Wolverine Asset Management held 199,912 shares of the Bitwise XRP ETF. Gallacher Capital Management held 86,744 shares of Canary’s XRP ETF. Main Street Group had 5,261 shares of the same fund.

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