Kansas-based asset management firm Leisure Capital Management has disclosed a stake in the Franklin Templeton XRP Trust ETF (XRPZ), reflecting the growing presence of institutional investors in the XRP market.
New SEC filings show steady rise in XRP ETF holdings
Leisure Capital Management, headquartered in Overland Park, submitted a regulatory filing to the U.S. Securities and Exchange Commission confirming it held 16,745 shares of Franklin XRP Trust ETF at the end of the second quarter. The position, valued at approximately $206,000 as of June 30, offers further evidence of institutional participation in XRP-related products.
This holding joins a portfolio that also includes shares in leading technology companies such as Apple, Microsoft, Nvidia, and Amazon, as well as a range of equities, bonds, and exchange-traded funds. Leisure Capital Management provides portfolio management services for both individual and institutional clients.
Although the size of the XRP ETF investment is relatively modest compared to the firm’s other holdings, it is notable within the context of traditional asset managers gradually increasing their exposure to digital assets.
Leisure Capital Management’s 13F disclosure signals that XRP is becoming more widely accepted in mainstream investment circles, following increased adoption among several traditional funds.
Competing investment firms reveal larger XRP ETF positions
Several other U.S. wealth management and advisory firms have recently reported substantial XRP ETF positions. Realta Investment Advisors, another firm serving individual and institutional clients, disclosed more than $260 million in holdings in the REX-Osprey XRP ETF earlier in July. Vista Finance declared a position of 129,958 shares in the Franklin XRP Trust ETF, valued at roughly $11.45 million.
Brookstone Capital Management reported a $71 million stake in XRP-related exchange-traded funds, while CPR Investments revealed it holds $363,000 worth of ProShares Ultra XRP ETF shares.
| Institution | XRP ETF/Trust | Value of Position |
|---|---|---|
| Leisure Capital Management | Franklin XRP Trust ETF | $206,000 |
| Vista Finance | Franklin XRP Trust ETF | $11.45 million |
| Brookstone Capital Management | XRP ETF (undisclosed) | $71 million |
| CPR Investments | ProShares Ultra XRP ETF | $363,000 |
| Realta Investment Advisors | REX-Osprey XRP ETF | $260 million |
Direct Ripple Labs share sales to major institutions
Institutional activity in XRP has also extended outside of ETF products. Galaxy Digital, Arrington Capital, The Private Shares Fund, and GAM Alternatives Lux recently agreed to acquire about $130 million worth of private shares in Ripple Labs. The transaction resulted from bankruptcy proceedings involving Linqto, a digital investment platform.
Ripple Labs is a technology company known for developing solutions for cross-border payments and powering the XRP Ledger, the blockchain network that supports the XRP digital asset.
Mini dictionary: Linqto, a fintech company that provides accredited investors access to shares in leading private companies, entered bankruptcy proceedings, presenting institutions with opportunities to acquire equity stakes in firms such as Ripple Labs.
Regulatory clarity and mainstream acceptance
XRP faced regulatory scrutiny in recent years as the U.S. SEC considered whether the asset constituted a security. Legal proceedings ultimately resulted in a favorable outcome for Ripple Labs, paving the way for broader institutional engagement.
ETF structures allow traditional investors to access XRP through familiar financial vehicles, simplifying compliance and operational processes. The latest wave of 13F filings indicates that asset managers are increasingly comfortable including XRP in their clients’ portfolios.
ETF adoption enables institutions to manage exposure to XRP with similar strategies used for conventional securities, indicating a shift in the perception and accessibility of crypto assets in established financial markets.
