Bank of America disclosed holding 13,000 shares of the Volatility Shares XRP ETF, showing regulated institutional exposure to XRP.
Bank of America has reported exposure to XRP through an exchange traded fund in a new regulatory filing.
The disclosure shows how large financial institutions continue to use regulated products for digital asset access, while XRP markets remain active despite recent price pressure.
BofA Reveals XRP ETF Exposure in New Filing
A filing submitted to the US Securities and Exchange Commission on February 3 shows Bank of America holding XRP-related assets.
The filing lists ownership of 13,000 shares in the Volatility Shares XRP ETF.
The shares were valued at about $224,640 at the time of disclosure. The filing confirms that the exposure is held through an exchange traded fund and not direct XRP ownership.
The disclosure signals institutional interest through compliant investment structures.
It also reflects how banks continue to monitor digital assets within regulatory frameworks.
XRP ETFs Record Steady Institutional Flows
Spot XRP ETFs listed in the United States have continued to attract capital from institutional investors. On Tuesday, combined inflows across these products reached $19.46 million.
Franklin Templeton’s XRPZ ETF recorded $12.13 million in inflows.
The Bitwise XRP ETF followed with $4.82 million, while other products saw smaller additions.
Despite these inflows, some entities reduced holdings. DCG International Investments Ltd sold more than 19,000 shares of the Grayscale XRP ETF during recent market weakness.
XRP Price Movement and Derivatives Activity
XRP traded below $1.60 during the past 24 hours. The token changed hands near $1.58, reflecting a daily decline of about 1%.
The price moved between $1.53 and $1.63 over the same period. Trading volume increased by around 24%, showing higher activity during the price drop.
Futures market data showed reduced positioning. Total XRP futures open interest declined more than 4% to about $2.65 billion in one day.
Related Reading: First Daily Outflows Hit XRP ETFs As Nearly $600 Million Leaves General Market
Broader Bank Engagement With Crypto Products
Bank of America has gradually expanded its exposure to digital assets through regulated instruments.
The bank has previously advised wealth clients on limited crypto allocations, mainly via Bitcoin ETFs.
The XRP ETF holding aligns with this approach, as it provides market access without direct token custody. Such structures remain common among traditional financial institutions.
Ripple President Monica Long earlier stated that the Bank of America chief executive expressed strong support for XRP-based solutions.
The new filing provides documented evidence of engagement through investment vehicles.
Source: https://www.livebitcoinnews.com/bofa-reveals-xrp-etf-exposure-in-new-filing-signaling-institutional-interest/
