XRP News: Wall Street Giant UBS Reveals XRP ETF Holdings
The post XRP News: Wall Street Giant UBS Reveals XRP ETF Holdings appeared first on Coinpedia Fintech News UBS Group, one of the worlds biggest banks managing nearly $5.7 trillion in assets, has quietly gained exposure to XRP through regulated ETF products. A new SEC filing shows the banking giant is now officially connected to XRP-linked funds, adding another major Wall Street name to the growing list of institutions entering crypto markets. UBS Group Adds XRP ETF Exposure According to an SEC Form 13F filing, UBS Group has gained exposure to XRP through exchange-traded products, rather than directly buying XRP on the market. The bank reported holding about 197,369 shares of the Volatility Shares XRP ETF, valued at roughly $1.49 million. It also disclosed a smaller position in the Grayscale Investments XRP fund worth around $8,248. For a firm managing trillions of dollars, this investment is very small, but it shows that major institutions are not only looking at Bitcoin and Ethereum, but also exploring XRP exposure. Wall Street Giants Quietly Increase XRP Exposure The UBS group is no longer alone in gaining exposure to XRP-related investment products through regulated markets. Goldman Sachs reportedly disclosed nearly $153.8 million in XRP-related exposure spread across multiple investment funds, making it