
Morgan Stanley disclosed new holdings in three XRP exchange traded funds (ETFs) and 50,540 shares in Evernorth Holdings’ SPAC, Armada Acquisition Corp II, in its Q2 2026 SEC filing. These XRP ETF positions are modest compared to the bank's larger crypto investments in Bitcoin and Ethereum but indicate a growing interest in XRP-related assets. Meanwhile, spot XRP ETFs saw $2.25 million inflows this week despite a drop in total assets under management, and XRP price remained near $1. Morgan Stanley's move follows similar disclosures by JPMorgan, highlighting increasing institutional activity in XRP funds and related SPACs.