\n<\/p>\n
\n\t\t\t\t\t\t\t\t\tInstitutional XRP exposure remains steady despite the choppy price action. \t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
XRP has shed more than 10% over the past week as its struggle near $1 continues. This downward pressure has pushed the crypto asset\u2019s yearly losses to almost 70%.<\/p>\n
Despite the negative sentiment, institutional participation appears to be intact, as several firms continue to use exchange-traded products to gain exposure to XRP.<\/p>\n
Morgan Stanley has disclosed its XRP exposure in the second quarter of 2026. The Wall Street giant holds positions through three XRP-linked exchange-traded funds: Franklin, REX-Osprey, and Bitwise ETF. Its largest position was in the Franklin fund, with 6,715 shares. The filing showed 255 shares of the REX-Osprey ETF and 67 shares of Bitwise\u2019s.<\/p>\n
The 13F filing also shows<\/a> a larger position in Armada Acquisition Corp II, the SPAC partner of Ripple-backed Evernorth Holdings.<\/p>\n Several investment firms have had exposure to the token through exchange-traded products. For example, Wolverine Asset Management held<\/a> 199,912 shares of the Bitwise XRP ETF. Gallacher Capital Management held 86,744 shares of Canary\u2019s XRP ETF. Main Street Group had 5,261 shares of the same fund.<\/p>\n Meanwhile, Moisand Fitzgerald Tamayo held 964 shares of the Franklin XRP ETF. Additionally, National Bank of Canada\u00a0revealed 3,848 shares of Bitwise\u2019s XRP ETF.<\/p>\n The picture looks<\/a> less encouraging when it comes to XRP\u2019s broader market activity. As reported<\/a> by CryptoPotato<\/em>, the Taker Buy\/Sell Ratio is around 0.86, its lowest level since last May. The ratio has stayed below 1 for most of the recent period, which means that sellers have generally been more aggressive than buyers in the derivatives market.<\/p>\n There have been short-lived moves above 1, but buyers have yet to establish a clear change in momentum. A move back above that level could be a better sign for XRP, especially if it also starts seeing stronger volume and price action.<\/p>\n For now, however, derivatives traders appear to be leaning toward the sell side. Futures open interest also remains elevated and stands at 435.1 million units, above the 403.6 million 30-day average, with a +1.20\u03c3 Z-score, meaning \u201cleverage is still stacked.\u201d As such, the token is at risk of a liquidation cascade if it dumps further.<\/p>\n But the current weakness may also create a potential setup for a future recovery. ChartNerd highlighted<\/a> $1.24 as an important level to reclaim. If the asset fails to do so, the analyst identified the $0.90-$0.70 range as a possible area where accumulation could take place.<\/p>\n ChartNerd also expects a retest of the 3-month 40 EMA to help XRP form a stronger base. Similar setups played out in 2023 and 2024, according to the analyst.<\/p>\nOpportunity Amid Pressure<\/h2>\n
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