Gerber, an Ohio-based registered investment adviser managing $592 million in assets, has disclosed a new XRP position built through the Franklin XRP ETF. The filing follows several other 13F disclosures from investment advisers across the United States, and it lands while US spot XRP ETFs keep drawing net inflows.
Gerber, an Ohio-based registered investment adviser managing $592 million in assets, has disclosed a fresh XRP position, according to a recent SEC filing. The firm holds 12,958 shares of the Franklin XRP exchange-traded fund.
More US advisers file XRP ETF positions
Gerber's filing follows several other notable 13F disclosures from investment advisers across the United States. On July 17, Gallacher Capital Management LLC reported a new position in the Canary XRP ETF (XRPC), disclosing ownership of 86,744 shares valued at approximately $961,126.
One day earlier, Vista Finance LLC revealed one of the largest institutional XRP ETF positions disclosed so far — its SEC filing showed ownership of 129,958 shares of the Franklin XRP ETF, worth $11.45 million at the time of the filing. Meanwhile, CPR Investments, a Michigan-based registered investment adviser, disclosed on July 15 that it had established a position in the ProShares Ultra XRP ETF, reporting ownership of 36,619 shares valued at approximately $363,627.
These holdings remain relatively modest compared with positions commonly seen in Bitcoin ETFs, but they show XRP steadily becoming more popular with investment advisers.
XRP ETF inflows stay positive
The institutional disclosures have coincided with continued inflows into US spot XRP ETFs. The latest daily figures show 532,500 XRP of net inflows on July 27, following 5.09 million XRP on July 21, 2.27 million XRP on July 20, and 6.10 million XRP on July 16.
As of the latest update, the combined XRP ETF market holds approximately $683.66 million in assets, with the Bitwise XRP ETF leading the sector at roughly $243 million. The Canary XRP ETF follows with nearly $223 million, ahead of the Franklin XRP ETF at approximately $167 million.
Source: U.Today
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