Morgan Stanley’s latest disclosure reveals that the Wall Street bank, which manages approximately $7.4 trillion in assets, holds an ETF linked to XRP. Although the position size is relatively small, this move has drawn market attention amid ongoing inflows into XRP ETFs listed in the United States.
Company disclosures show that this allocation is significantly smaller than its holdings in Bitcoin and Ethereum-related investment products. However, the documents also indicate that XRP is gradually being incorporated into institutional cryptocurrency portfolios. More notably for the market, Morgan Stanley does not hold XRP directly but gains price exposure through regulated ETF products.
XRP ETF continues to attract funds
The article states that last week, XRP ETFs recorded a combined net inflow of approximately $31.8 million. On May 28, XRP ETFs saw an additional net inflow of about $1.77 million, while Bitcoin and Ethereum ETFs experienced outflows during the same period.
Among these, Bitwise’s XRP ETF captured the entire $1.77 million in net inflows for the day. According to the data provided, cumulative inflows into this product have reached $1.41 billion, indicating continued interest from institutional and market capital in XRP-related investment vehicles.
- Last week, XRP ETFs saw net inflows of approximately $31.8 million.
- Net inflow of approximately $1.77 million on May 28.
- Bitwise XRP ETF has accumulated approximately $1.41 billion in inflows.
Spot XRP ETF has not yet been advanced.
The company disclosed that, despite having allocated to XRP-related ETFs, Morgan Stanley has not yet applied for its own spot XRP ETF. The article noted that the bank previously regarded Ripple’s payment network as one potential alternative to SWIFT in cross-border payments, but this did not translate into more aggressive product development.
Currently, Morgan Stanley prefers to provide clients with exposure to XRP through regulated investment vehicles rather than directly adding XRP to its balance sheet. This arrangement allows investors to track price performance without having to manage wallets and private keys themselves.
Institutional allocations remain cautious.
Based on the text, Morgan Stanley continues to focus on cryptocurrency market products that are more widely accepted by institutions, such as those related to Bitcoin and Solana. Regarding XRP, the bank remains cautious, with the market generally attributing this to the still unclear U.S. regulatory environment.
As of press time, XRP is trading near $1.30, up approximately 1% over the past 24 hours, but volume has declined by about 13%. Interest from Wall Street in Ripple-related investment products is rising as more institutions disclose their XRP ETF exposure.
Additional information: The original text did not disclose the specific name or holding size of the XRP-related ETF held by Morgan Stanley, only emphasizing that its allocation remains small relative to the overall portfolio.