Morgan Stanley has disclosed exposure to two XRP-linked exchange-traded funds in its first-quarter 2026 13F filing with the U.S. Securities and Exchange Commission, according to the filing details cited in market reports. The disclosure shows a limited position, but it places XRP among the digital asset products held by one of Wall Street’s largest wealth managers. The investment bank, which manages more than $9 trillion in client assets, reported holdings in the Volatility Shares XRP ETF and the Grayscale XRP ETF. The filing showed 1,700 shares of the Volatility Shares XRP ETF and 100 shares of the Grayscale XRP ETF, also known by the ticker GXRP. Consequently, the filing adds XRP to the bank’s reported crypto-linked investment positions at a time when institutional interest in digital asset funds has expanded beyond Bitcoin. SEC Filing Shows Two XRP ETF Positions Morgan Stanley’s XRP exposure came through exchange-traded funds rather than direct token holdings. This means the bank disclosed shares in regulated investment products linked to XRP, not an on-chain XRP wallet balance. The Volatility Shares XRP ETF position totaled 1,700 shares, while the Grayscale XRP ETF position totaled 100 shares. The filing did not present these holdings as a large allocation, and the combined position remains modest within Morgan Stanley’s overall portfolio activity. The disclosure comes as XRP ETFs have drawn more attention from institutional investors despite some, like Trump Media, dropping XRP ETF filings. According to data, inflows into U.S. spot XRP ETFs during May 2026 included a reported $25.8 million single-day inflow on May 11 and $60.5 million across the week of May 11 to May 15. XRP ETF products were also reported to have reached $1.37 billion in cumulative inflows since their November 2025 launch. Those figures placed XRP ETFs behind Bitcoin and Ethereum ETFs among crypto fund categories. Morgan Stanley Expands Crypto Product Access Morgan Stanley’s XRP ETF disclosure fits within a broader shift in the bank’s digital asset strategy. The firm has moved from offering access to outside crypto products toward building more direct crypto services across retail and institutional channels. The bank has rolled out retail cryptocurrency trading through its E*Trade platform, supporting Bitcoin, Ethereum and Solana. The service uses Zero Hash for liquidity and custody infrastructure, according to the details provided. Morgan Stanley has also moved into branded crypto funds. Reported products include the Morgan Stanley Bitcoin Trust, along with filings for spot Ethereum and Solana trusts. The Ethereum product includes an automated staking yield mechanism, according to the described registration plans. The firm’s digital asset strategy team has also been linked to work on an institutional and high-net-worth digital wallet. That wallet is expected to focus on custody and settlement for tokenized real-world assets, including private equity, bonds and real estate. Is XRP ETF Accumulation on a Spree? XRP-related investment activity has continued to draw attention while the token’s price has remained largely rangebound. The latest Morgan Stanley disclosure adds to a broader set of institutional data points, including ETF inflows, large-wallet accumulation, and Ripple’s continued expansion of services built for financial institutions. ETF demand has been one of the main areas watched by market participants. Reports cited $25.8 million in spot XRP ETF inflows on May 11, the largest single-day inflow since January 5. For the week of May 11 to May 15, U.S. spot XRP ETFs attracted $60.5 million, marking their strongest week of 2026. Since launching in November 2025, cumulative inflows into XRP ETFs have been reported at $1.37 billion. Standard Chartered’s XRP ETF inflow forecast has also remained part of the market discussion. According to Jake Claver, the bank still carries a $4 billion to $8 billion XRP ETF inflow target for 2026, depending on the passage of the CLARITY Act. Source: X On-chain activity has also shown growth among larger XRP holders. According to data, 332,230 wallets were holding at least 10,000 XRP as of May 12, which is a record level. At the same time, wallets holding 1 million XRP or more have reportedly added 42 new addresses since the start of 2026, while that group accumulated 1.2 billion XRP during the first quarter. Ripple’s corporate activity has added another layer to institutional interest in XRP-linked infrastructure. The company completed its $1.25 billion acquisition of prime brokerage Hidden Road, expanding its reach into institutional trading and settlement services. Concurrently, Ripple has also been highlighted in connection with DTCC and NSCC broker directory listings, placing parts of its expanded business closer to traditional market infrastructure.
