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Reading: Major Banks Increase XRP Holdings as Exchange Supply Hits Multi-Year Low
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EdaFace Newsfeed > Latest News > Crypto News > Major Banks Increase XRP Holdings as Exchange Supply Hits Multi-Year Low
Crypto News

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

vitalclick
Last updated: August 1, 2026 9:37 am
9 hours ago
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Contents
Intesa Sanpaolo Discloses XRP ETF InvestmentXRP Exchange Supply Falls to Multi-Year LowSouth Korea Remains a Key XRP MarketCME Expands XRP Derivatives MarketWas this writing helpful?Tell us why!Trust with CoinPedia:Investment Disclaimer:Sponsored and Advertisements:

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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