$592M Asset Manager Adds Franklin XRP ETF as Institutional Interest Grows

Institutional interest in XRP investment products continues to build as Gerber, an Ohio-based registered investment adviser managing approximately $592 million in assets, disclosed a new position in the Franklin XRP ETF through a recent filing with the U.S. Securities and Exchange Commission (SEC). According to the filing, Gerber purchased 12,958 shares of the Franklin XRP exchange-traded fund (ETF), adding to a growing list of investment firms increasing exposure to XRP-focused products. While the position is relatively modest, it reflects the expanding adoption of XRP ETFs among registered…  Read more

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