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Financial services company Marex increases holdings in XRP ETF, ranks among the top three
Techub News reports that, according to Bitcoinist, Nasdaq-listed financial services company Marex Group submitted a 13F filing to the U.S. SEC showing that the company held a total of approximately $9.4 million in Canary XRP ETF and Bitwise XRP ETF in the first quarter, making it one of the top three institutional holders of XRP ETFs in the United States. The filing shows that Marex held about 357k shares of Canary XRP ETF (worth approximately $5.1 million), a 51% increase from the previous quarter; at the same time, it added approximately 286k shares of Bitwise XRP ETF (worth about $4.3 million). Currently, the leading U.S. XRP ETF holdings institutions include Goldman Sachs (about $152 million) and Millennium Management (about $27 million). Additionally, Marex increased its holdings of Strategy (formerly MicroStrategy) stock to 3.4 million shares and adjusted related options and preferred stock holdings.