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National Bank of Canada Reveals XRP and Bitcoin ETF Stakes
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The bank reported 3,848 shares of the Bitwise XRP ETF, valued near $330,000.
It sold 103.41 million XRP and booked more than $34 million in realized losses.
The bank reported 6,831 shares of the Grayscale Bitcoin Trust ETF at roughly $150,000 and 2,596 shares of the Grayscale Bitcoin Mini Trust ETF at roughly $100,000.
The XRP supply story ran the opposite directionGrayscale’s XRP Trust sold $180.78 million of XRP over the first half of 2026, roughly 103.41 million tokens, to meet investor redemptions.
Whether the ETF shares support a client-facing structured product or a market-making desk.