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Home»Altcoins»Major Banks Increase XRP Holdings as Exchange Supply Hits Multi-Year Low
Altcoins

Major Banks Increase XRP Holdings as Exchange Supply Hits Multi-Year Low

NBTCBy NBTC03/08/2026No Comments3 Mins Read
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Large financial institutions are increasing their exposure to $XRP through investment products as the token’s supply on cryptocurrency exchanges continues to decline. At the same time, Ripple is expanding its payment infrastructure and preparing major upgrades to the $XRP Ledger aimed at institutional users.

Intesa Sanpaolo Discloses $XRP ETF Investment

Italy’s largest bank, Intesa Sanpaolo, has disclosed ownership of 712,000 shares of the Grayscale $XRP Trust in its latest SEC Form 13F filing. Based on current market prices, the investment is worth around $18 million. The filing also shows the bank holds nearly $235 million in crypto-related investments, with $XRP representing about 6% to 7% of its digital asset portfolio.

Several financial firms, including Goldman Sachs, Morgan Stanley, Millennium, and Citadel, have reported $XRP exposure through exchange-traded products. Many institutions prefer $XRP ETFs instead of directly holding $XRP because ETFs simplify custody, compliance, accounting, and regulatory requirements.

Also Read : $XRP News Today: Expert Calls CLARITY Act ‘Theater,’ Points to Real $XRP Catalyst

$XRP Exchange Supply Falls to Multi-Year Low

Market data from Glassnode shows $XRP reserves across the top 10 cryptocurrency exchanges have fallen from around 4 billion $XRP to approximately 1.6-1.7 billion $XRP. The report also states that $XRP withdrawals from exchanges have reached a five-year high, indicating that more investors are moving their holdings into private wallets rather than keeping them on trading platforms.

U.S. spot $XRP ETFs recorded nearly $6 million in net inflows on July 30, with Bitwise and Franklin Templeton leading the day’s inflows. $XRP assets held by U.S. spot ETFs are approaching $1 billion, while cumulative inflows have reached around $1.5 billion.

Also Read : Ripple ($XRP) Price Prediction 2026, 2027-2030: Will $XRP Reach $5?

South Korea Remains a Key $XRP Market

South Korea continues to record strong trading activity for $XRP. $XRP trading volume on Korean exchanges recently reached nearly four times Bitcoin’s trading volume. Ripple’s stablecoin RLUSD is now available on the country’s four largest crypto exchanges, Upbit, Bithumb, Coinone, and Korbit, expanding its presence in one of the world’s largest digital asset markets.

CME Expands $XRP Derivatives Market

The report also highlights CME Group’s continued expansion of $XRP derivatives. The exchange already offers $XRP futures and options, placing the asset alongside traditional markets such as commodities, foreign exchange, and equities. This reflects growing institutional infrastructure for $XRP, although it does not necessarily signal immediate price gains.

Also Read : $XRP Rich List Update: Top 10% of Wallets Now Hold 2,151 $XRP as Network Crosses 8 Million Addresses

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NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

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