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Bank of Montreal Filing Reports $2,970 XRP Position in $303B Portfolio Skip to main content

Bank of Montreal Filing Reports $2,970 XRP Position in $303B Portfolio

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Bank of Montreal’s $303.65 billion consolidated securities filing reports $2,970 of XRP fund shares, split between two exchange-traded products. The disclosure traces both positions to a controlled investment adviser without identifying their beneficial owner.

Key Takeaways

  • A Bank of Montreal-controlled investment adviser managed about $3,000 worth of XRP fund shares.
  • The filing does not identify the beneficial owner or investment strategy.
  • One fund seeks to follow XRP, while the other targets twice its daily move.

  • Two Line Items Inside a 14,271-Position Filing

    Bank of Montreal (NYSE: BMO) filed a consolidated report containing $2,970 of XRP-linked fund shares in the quarterly holdings report it submitted to the U.S. Securities and Exchange Commission (SEC) on Aug. 12. The document covers positions as of June 30 and spans 14,271 entries worth $303.65 billion.

    Two entries carry the whole exposure, and both are attributed to Stoker Ostler Wealth Advisors Inc., a Bank of Montreal-controlled investment adviser listed as other manager 12 in the filing. One line shows 323 shares of the REX-Osprey XRP ETF at $2,771. The other lists 20 shares of the Proshares Ultra XRP ETF at $199.



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