Colorado Asset Manager Discloses New XRP Investment

Galaxi Capital Management, a Colorado-based asset manager, disclosed adding the Canary XRP ETF to its portfolio. According to a report by blockchain media The Block on July 17 (local time), Galaxi Capital Management disclosed holding 86,744 shares of the Canary XRP ETF in its SEC Form 13F-HR filing, valued at $961,126 as of June 30. Recent filings show growing institutional interest in XRP-linked ETFs, with Vista Finance registering 129,958 shares of the Franklin XRP Trust ETF at $11.45 million in value as of mid-February. A day earlier, CPR Investment in Michigan disclosed adding the ProShares Ultra XRP ETF to its portfolio with 36,619 shares valued at $363,627. This week, T. Rowe Price launched its first actively managed crypto ETF, ticker 'TKNZ,' diversified across Bitcoin, Ethereum, Solana, and XRP, with $1.5 billion in assets under management and a 0.75% fee structure.