Bank of Montreal (BMO), Canada's second-largest bank, disclosed holdings in XRP-related ETFs within its U.S. portfolio valued at over $303 billion as of June 2026. The bank holds shares in the REX-Osprey XRP ETF and ProShares Ultra XRP ETF, gaining crypto exposure through regulated exchange-traded products rather than direct XRP ownership. This move highlights how traditional financial institutions are accessing digital assets via familiar investment vehicles, signaling growing institutional interest in XRP. Future filings will reveal if BMO or other banks increase their exposure to XRP products.
XRP is currently trading near $1.49, with Perplexity AI forecasting a rise to $3.25 by January 1, 2027, based on expected favorable macroeconomic conditions and institutional investment. Recently, whales have accumulated over $2 billion worth of XRP,...
Kamilah Stevenson advises XRP investors to multiply their token holdings by a realistic price target to see if the resulting value aligns with their financial goals. She highlights that focusing solely on price predictions like $10 per XRP can overlo...
A sharp price increase in XRP, NEAR, and other altcoins triggered $666 million in forced liquidations of short positions within 24 hours, marking the largest wave of crypto short squeezes in months. XRP rose nearly 8%, NEAR surged over 11%, and Bitco...
XRP inflows to Binance surged 663% above the quarterly average in mid-September, concentrated in three sessions coinciding with key US regulatory and Fed events. Despite large token deposits, Binance's XRP reserves rose only slightly, indicating acti...
Ripple has partnered with Absa Corporate and Investment Banking to launch Absa Digital Asset Custody, using Ripple's crypto custody technology to provide secure digital asset storage for African financial institutions. This collaboration aims to offe...
