Chicago-based investment adviser HighTower Advisors has disclosed approximately $679,917 in combined XRP ETF exposure through two exchange-traded funds, adding to the growing list of institutional investment managers reporting positions in XRP-linked securities.
The reported holdings comprise 26,515 shares of the Bitwise XRP ETF, valued at $440,938, and 15,154 shares of the Canary XRP ETF, valued at $238,979.
Together, the two positions represent 41,669 ETF shares, according to the figures associated with HighTower’s latest Form 13F disclosure.
The filing identifies a reporting period ending September 30, 2026, meaning the holdings represent a quarter-end portfolio snapshot rather than purchases necessarily made on the filing date.
HighTower Splits XRP Exposure Between Two ETFs
| XRP ETF | Shares | Reported value |
|---|---|---|
| Bitwise XRP ETF | 26,515 | $440,938 |
| Canary XRP ETF | 15,154 | $238,979 |
| Total | 41,669 | $679,917 |
The Bitwise position accounts for approximately 64.9% of the combined reported value, while Canary represents the remaining 35.1%.
The allocation indicates that HighTower’s disclosed XRP exposure is spread across two investment products rather than concentrated in a single fund.
Both vehicles provide XRP-related investment exposure through conventional securities accounts. This differs from directly holding XRP in an XRP Ledger wallet.
The distinction matters because a Form 13F reports investment securities held under a manager’s reporting responsibilities. It does not establish that the manager purchased XRP directly, transferred tokens on XRPL, or entered a commercial partnership with Ripple.
HighTower’s Filing Shows Broader Institutional Access to XRP
The disclosure comes as XRP investment products continue appearing in institutional portfolio reports.
HighTower had already reported 26,597 shares of the Bitwise XRP ETF worth approximately $310,116 for the quarter ending June 30, 2026.
Compared with that earlier position, the newly reported 26,515 Bitwise shares would represent a small reduction of 82 shares, or approximately 0.31%. The reported market value nevertheless increased because the ETF’s quarter-end valuation was higher.
This distinction is important: an increase in the dollar value of an ETF position does not necessarily indicate additional purchases.
HighTower’s broader third-quarter Form 13F, filed November 10, reports approximately $105.6 billion in securities holdings across 3,820 positions. The combined $679,917 XRP ETF allocation would represent only about 0.00064% of that reported portfolio.
Although relatively small, the positions illustrate how traditional investment advisers can obtain XRP exposure through regulated exchange-traded products.
What the Disclosure Means for XRP
The development adds to the evidence that XRP ETFs are becoming part of conventional investment portfolios.
However, the filing does not establish that HighTower recently purchased all 41,669 shares, nor does it confirm that the firm continues to hold the same positions in November.
It also does not demonstrate a direct increase in XRP Ledger activity or prove that the disclosure caused a change in XRP’s market price.
The key development is narrower: HighTower’s reported quarter-end holdings include exposure to both Bitwise and Canary XRP ETFs, extending institutional participation through regulated securities markets.