In Brief: Bank of Montreal disclosed XRP exposure through REX-Osprey and ProShares products within its massive $303 billion reported investment portfolio in June. National Bank of Canada also
Bank of Montreal has disclosed XRP-linked investments within its $303 billion portfolio, giving the cryptocurrency exposure through two regulated financial products. The Canadian banking giant revealed the positions in its latest Form 13F-HR filing with the U.S. Securities and Exchange Commission.
BMO reported holding 323 shares of the REX-Osprey XRP ETF and 20 shares of the ProShares Ultra XRP ETF. Although these holdings represent a tiny allocation, their presence places XRP exposure inside one of Canada’s largest banking institutions.
The disclosure carries additional weight because BMO manages a reported investment portfolio exceeding $303 billion as of June 2026. Rather than buying XRP directly, the bank selected regulated products that provide exposure without requiring direct cryptocurrency custody.
This approach allows BMO to access XRP through familiar securities infrastructure while avoiding direct management of tokens and cryptocurrency wallets. Moreover, the two products offer different approaches to XRP exposure within the bank’s broader investment portfolio. The REX-Osprey product provides conventional XRP exposure, while ProShares Ultra XRP offers leveraged exposure designed around shorter-term price movements.
Also Read: USDT Supply Plunges $4 Billion as Major Crypto Liquidity Warning Emerges
BMO is not the only major Canadian bank whose regulatory filings reveal an investment connected with XRP. National Bank of Canada reported 3,848 shares of the Bitwise XRP ETF during the same reporting period.
Its position carried an estimated value of approximately $330,000, showing another Canadian institution using regulated products for cryptocurrency exposure. Significantly, both banks chose investment vehicles instead of purchasing XRP tokens directly through cryptocurrency exchanges.
Their filings illustrate how established financial institutions can gain digital asset exposure through products that fit traditional portfolio structures. Meanwhile, U.S. regulatory filings indicate that the institutional investor base surrounding XRP products has also undergone noticeable changes.
Goldman Sachs previously held XRP-related positions valued above $150 million around the transition between 2025 and 2026. However, later disclosures indicated that some major early investors reduced or exited positions while realizing gains.
Midsize asset managers and family offices have subsequently appeared among institutions reporting exposure to XRP investment products. These investors include Arax Advisory Partners, Gerber, Vista Finance, and Gallacher Capital.
Additionally, their strategies involve products from Franklin and Bitwise alongside leveraged instruments such as ProShares Ultra XRP. That mix suggests institutional XRP exposure is no longer concentrated around one investment product or a limited group of major firms.
BMO’s XRP exposure remains extremely small when compared with the bank’s enormous $303 billion reported investment portfolio. Nevertheless, the filing formally documents XRP-linked securities among the holdings of Canada’s second-largest bank.
Investors should also consider the reporting delay attached to Form 13F filings when assessing the disclosed positions. Institutions generally file these reports weeks following the relevant quarter, meaning holdings can change before becoming publicly visible.
BMO’s disclosure confirms that its massive investment portfolio included both conventional and leveraged XRP exposure through regulated U.S. financial products. Alongside National Bank of Canada’s position, the filing shows XRP investment products appearing within another major Canadian banking portfolio.
Also Read: USDT Supply Plunges $4 Billion as Major Crypto Liquidity Warning Emerges
The post Bank of Montreal Quietly Adds XRP Exposure to Its Massive $303 Billion Portfolio appeared first on 36Crypto.
