Bank of Montreal reveals XRP ETF holdings in $303B portfolio filing.
Bank of Montreal (BMO), Canada's second-largest bank, has disclosed holdings in XRP-related ETFs within its U.S. portfolio, which is valued at over $303 billion as of June 2026. This includes shares in the REX-Osprey XRP ETF and ProShares Ultra XRP ETF, demonstrating how traditional financial institutions are gaining exposure to digital assets through regulated investment vehicles rather than direct ownership. This move signals increasing institutional interest in XRP and the broader crypto market.
Why it matters
Attributed market update with source link for portfolio context.