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, representing a 60-fold increase. This position appeared in the second-quarter Form 13F filed with the SEC. The firm also reported exposure to XRP-related funds from Franklin Templeton, Grayscale, Canary Capital, and 21Shares. Given its role as a major market maker actively trading ETFs and options, this position should not be interpreted as a straightforward long-term directional bet on XRP. Other institutions also reported positions, including Bank of America with 13,260 shares and Morgan Stanley with holdings across three XRP funds.
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