Jane Street’s XRP ETF Stake Jumps 60-Fold in Second Quarter

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Jane Street’s XRP ETF Stake Jumps 60-Fold in Second Quarter
PrimeXBT Editorial Team
Reviewed by PrimeXBT

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XRP

Jane Street Group's latest SEC filing shows the trading firm holding more than 1.2 million shares of Bitwise's spot XRP ETF as of June 30, 2026, a 60-fold jump from three months earlier. The firm also reported stakes across four other XRP-linked funds, and several other institutions, including Bank of America and Morgan Stanley, disclosed their own XRP ETF positions for the same quarter.

Jane Street Group reported holding more than 1.2 million shares of Bitwise's XRP ETF as of June 30, 2026, up from 20,605 shares three months earlier. The increase appeared in the firm's second-quarter Form 13F filed with the SEC.

That 60-fold jump stands out, but Jane Street's role as an active market maker in ETFs and options means the holding should not necessarily be read as a simple long-term directional bet on XRP. A 13F filing establishes a reportable securities position at the quarter's cutoff; on its own, it does not reveal Jane Street's investment intention or how long it plans to hold the shares.

Jane Street's exposure spans five XRP funds

Beyond Bitwise, Jane Street also reported exposure to XRP-related funds from Franklin Templeton, Grayscale, Canary Capital, and 21Shares. That places the firm across several XRP ETF products rather than concentrated in a single fund.

Bitwise's product stands out because it holds spot XRP, unlike the other funds tracking the asset. The fund launched in November, a few weeks after Canary Capital's ETF reached Wall Street, and has since become the largest of the group named in the filings.

Other institutions disclose XRP ETF stakes

Bank of America reported 13,260 shares of the Volatility Shares XRP ETF, a position valued at about $76,000; unlike Bitwise's fund, that ETF is not a spot product. Morgan Stanley reported positions in three XRP-related funds at quarter's end: 6,715 shares of Franklin's XRP ETF, 255 shares of REX-Osprey's product, and 567 shares of Bitwise's fund.

Wolverine Asset Management reported nearly 200,000 Bitwise XRP ETF shares. Gallacher Capital Management disclosed 86,744 Capital XRP ETF shares. Main Street Group and National Bank of Canada rounded out the list, reporting 5,261 and 3,848 XRP-related shares, respectively.

Source: SEC Form 13F Filing via Altcoin News – Cryptonews

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