Royal Bank of Canada (RBC) disclosed a holding in the Bitwise XRP ETF through a recent SEC 13F filing.
The country's largest bank reported a position of approximately 2,000 shares.
The bank values the investment at roughly $30,000.
This filing marks a major traditional financial institution formally acknowledging exposure to XRP.
Financial services firm Marex Group also disclosed a $4.3 million stake in the Bitwise XRP ETF.
The firm reported this position in its Q1 filing.
Market data from May 15 shows the Bitwise XRP ETF led its peers in daily growth.
The fund recorded a single-day net inflow of $6.9 million.
Total inflows for all XRP spot ETFs reached $10.8 million on that date.