Gerber, an Ohio-based investment adviser managing $592 million, revealed a fresh stake in the Franklin XRP ETF, holding 12,958 shares according to a recent SEC filing. While this position is modest compared to Bitcoin ETFs, it highlights growing institutional interest in XRP investment options.
Other firms are also expanding their XRP ETF exposure. Gallacher Capital Management reported owning 86,744 shares of the Canary XRP ETF, worth about $961,000 at the time of disclosure. Vista Finance holds a much larger position with 129,958 shares of Franklin's XRP ETF, valued around $11.45 million. CPR Investments jumped in as well, establishing a stake in the ProShares Ultra XRP ETF.
These moves come alongside steady inflows into U.S. XRP ETFs, with recent data showing significant XRP additions 532,500 units on July 27, following multi-million XRP inflows earlier in the month. Since their November launch, U.S. spot XRP ETFs have amassed roughly $1.5 billion in net inflows, signaling broader professional investor engagement rather than isolated bets.
Bitwise remains the largest XRP fund in assets at $243 million, followed closely by Canary with nearly $223 million and Franklin at about $167 million. Daily trading volumes hover around $10.35 million, emphasizing continued institutional activity through regulated avenues. Franklin Templeton’s XRPZ product led recent inflows, managing approximately $254.35 million and standing as one of the biggest XRP investment vehicles.
