XRP price remained relatively stable this week despite trading in the red, while fresh institutional exposure to XRP-linked ETFs signals growing interest from major financial players.
Bank of Montreal (BMO), one of Canada’s largest financial institutions, disclosed positions in two XRP-related ETFs in a recent filing with the U.S. Securities and Exchange Commission (SEC). The disclosure further indicates that XRP investment products are entering the portfolios of established financial institutions.
BMO’s second-quarter Form 13F filing, submitted on August 12, showed combined holdings of approximately $2,970 across two XRP-related ETFs as of June 30.
Notably, the position consisted of 323 shares of the REX-Osprey XRP ETF (XRPR), valued at about $2,771, and 20 shares of the ProShares Ultra XRP ETF (UXRP), worth approximately $199.
While the combined position is extremely small compared with the roughly $303.6 billion in securities reported by BMO, the disclosure is nevertheless notable because it demonstrates exposure to XRP through both conventional and leveraged investment products.
 
The figures should not be interpreted as a major capital commitment by BMO. Instead, the significance lies in the broader institutional adoption trend surrounding regulated XRP investment vehicles.
XRPR and UXRP provide investors with distinctly different approaches to XRP exposure.
The REX-Osprey XRP ETF is designed to provide exposure to XRP price movements and began trading in the United States in September 2025. Its structure gives investors a regulated market vehicle for gaining exposure to the cryptocurrency without directly purchasing and holding XRP.
UXRP takes a more aggressive approach. The leveraged ETF seeks to deliver approximately twice the daily performance of XRP through derivatives rather than directly holding the cryptocurrency. Because of its leveraged structure, its performance can differ significantly from simply holding XRP, particularly over longer periods.
The two products therefore represent different risk profiles while remaining connected to XRP’s underlying market performance.
The filing also requires interpretation before BMO’s exposure can be characterized as a direct corporate investment.
The positions are associated with BMO subsidiary Stalker Ostler Wealth Advisors, an SEC-registered investment adviser. The firm manages the securities and appears in the filing under an additional manager designation.
That means the disclosure reflects positions reported on a consolidated basis and does not necessarily indicate that BMO’s central investment operation independently purchased XRP ETFs for its own balance sheet.
Even so, the appearance of XRP-linked products within a major Canadian financial group’s reported investment exposure adds to the growing institutional footprint surrounding XRP.
The latest 13F only captures positions held through June 30, meaning transactions made during July and August are not included.
That distinction could become important for XRP investors. The next quarterly filing should provide a clearer picture of whether the reported positions were maintained, increased, or reduced during the third quarter.
Meanwhile, the broader flow of institutional disclosures is putting additional attention on XRP ETFs. As more financial firms gain access to regulated XRP investment products, continued participation could strengthen the case for increased institutional demand.
That said, for XRP price, the BMO disclosure alone is unlikely to create a major market move given the modest size of the holdings. However, if similar disclosures continue to emerge from larger institutions, they could reinforce the narrative that XRP is gaining a more established position within traditional investment markets, pushing it higher.
At press time, XRP was trading at $1.02, reflecting a 0.54% drop in the past 24 hours.
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