Morgan Stanley disclosed exposure to XRP (XRP) via three ETFs, as the token struggles to hold above the $1 threshold after dropping more than 10% this week and nearly 70% since the start of 2026.
Key points
The declarations from the second quarter show an exposure to Morgan Stanley through three funds backed by XRP.
Other asset managers also report positions in XRP ETFs despite the token’s steep correction in 2026.
A Taker Buy/Sell ratio of 0.86 and high open interest on futures contracts suggest downside risk and persistent liquidations.
Positions in XRP ETFs
Morgan Stanley’s Form 13F for the 2nd quarter of 2026 reports holdings in three XRP-related ETFs: 6,715 shares of the Franklin fund, 255 shares of the REX-Osprey ETF, and 67 shares of the Bitwise ETF. A larger position appears in Armada Acquisition Corp II, a SPAC partner of Evernorth Holdings, backed by Ripple.
Other asset managers show more substantial positions in XRP products. Wolverine Asset Management holds 199,912 shares of Bitwise’s XRP ETF, while Gallacher Capital Management reports 86,744 shares of the Canary fund, and Main Street Group 5,261 shares of the same product.
Moisand Fitzgerald Tamayo holds 964 shares of Franklin’s XRP ETF, and the National Bank of Canada has reported 3,848 shares of Bitwise’s XRP fund.
Taken together, these regulatory filings show that several institutions maintain exposure to XRP-backed index products, despite a clear deterioration in the token’s market performance.
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XRP outlook according to ChartNerd
The market table remains unpromising. XRP’s Taker Buy/Sell ratio has slipped to around 0.86, its lowest level since May, and it has stayed below 1 for much of the recent period—indicating stronger sell pressure on derivatives products.
Open interest on the futures contracts reaches 435.1 million units, above the 30-day average of 403.6 million, while a Z-score of +1.20σ confirms that “leverage remains high.” In this context, XRP remains vulnerable to a cascade of liquidations if prices fall again.
ChartNerd identifies $1.24 as the threshold XRP must reclaim to improve its technical structure. Failing that, the analyst targets the $0.90 to $0.70 area as a possible accumulation zone, with a likely new test of the 40-period exponential moving average over three months to consolidate a stronger base.
The setup resembles the patterns already highlighted by ChartNerd in 2023 and 2024, when similar retests of the 40 EMA over three months preceded a more robust price structure and firmer support levels. Current weakness, however, comes after an approximately 70% drop in 2026, as the token still struggles to sustain durable demand around the $1 threshold.
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