EverSource Wealth Advisors has disclosed positions in two XRP ETFs and in the SPAC tied to Ripple-backed Evernorth Holdings. The same 13F filing lists spot Bitcoin ETFs, Strategy, and Robinhood among the firm’s crypto exposure.
EverSource Wealth Advisors holds 1,777 shares of ProShares Ultra XRP ETF, according to its latest 13F filing with the US SEC. The firm, which manages $3.6 billion, also revealed small holdings in Franklin XRP ETF. It joins other tradFi companies exploring crypto ETFs on rising confidence amid growing regulatory clarity.
EverSource also holds Evernorth’s SPAC shares
The advisor disclosed 250 shares of Armada Acquisition Corp II (XRPN), the SPAC belonging to Ripple-backed Evernorth Holdings. Evernorth has moved closer to a merger with Armada, CoinGape reported earlier.
Institutional interest in XRP is rising amid RWA tokenization, the XRP Ledger, and Ripple’s partnerships with Wall Street and global companies. Ripple recently launched Ripple Mint, a platform that lets institutions mint, redeem, and manage RLUSD through APIs and web access.
Spot XRP ETFs took in $8.15 million last week
Spot XRP ETFs saw net inflows of $8.15 million last week, according to SoSoValue data. As a result, cumulative inflows to date have increased to $1.49 billion, while total assets under management across five XRP ETFs have reached $1 billion.
Bitcoin ETFs and crypto stocks fill out the book
Meanwhile, EverSource reported holdings in spot Bitcoin ETFs from BlackRock, Fidelity, Ark 21Shares, Grayscale, and Bitwise. Its two largest are 100,108 shares worth over $3.3 million in BlackRock Bitcoin ETF and 88,591 shares in ARKB.
Beyond the funds, the firm holds 43,674 shares of Strategy (MSTR) and 16,355 STRK perpetual shares. It also has exposure to Trump family-backed American Bitcoin Corp (ABTC), Robinhood (HOOD), and other crypto stocks.
Sources: US SEC 13F filing, CoinGape
Trading involves risk.
Risk Disclaimer
