$592 Million Asset Manager Reveals New XRP ETF Position

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U.S. asset manager Gerber, based in Ohio and managing $592 million in assets, disclosed in an SEC filing a new position of 12,958 shares in the Franklin XRP ETF. Several other investment advisers also reported XRP ETF positions in recent days: Vista Finance LLC revealed the largest with 129,958 shares (approximately $11.45 million), while Gallacher Capital Management and CPR Investments respectively disclosed 86,744 shares in the Canary XRP ETF and 36,619 shares in the ProShares Ultra XRP ETF. The combined XRP ETF market currently holds approximately $683.66 million in assets, with record positive net inflows in recent weeks. The Bitwise XRP ETF leads the sector at roughly $243 million, followed by the Canary XRP ETF (nearly $223 million) and the Franklin XRP ETF (approximately $167 million).

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