•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
UBS, which manages more than $5 trillion in assets, disclosed this week that it holds positions tied to XRP through XRP ETF vehicles and trust structures. The SEC filing indicates UBS’s involvement with XRP did not begin this quarter, and an expert said it should be seen as the latest step in a long-running engagement with Ripple’s ecosystem.
In its SEC filing, UBS reported total exposure of approximately $1.5 million across two investment vehicles: 197,369 shares of the Volatility Shares XRP ETF and 317 shares of the Grayscale XRP Trust.
Market expert Bull Winkle said UBS did not “discover” XRP recently. He pointed to 2016, when UBS was among seven major banks that publicly joined RippleNet.
Winkle characterized the SEC filing as not a starting point, arguing it reflects the continuation of a relationship spanning nearly a decade. He also linked UBS’s later involvement to 2023, when UBS became a strategic partner at Tenity, and to 2024, when Ripple joined Tenity as a co-investor.
“Nine years. One direction,” Winkle concluded, describing institutional engagement with Ripple’s infrastructure as more layered than any single headline would suggest.
Separately, spot XRP ETFs have reportedly seen increasing institutional demand, with cumulative inflows reaching $1.32 billion. In May, XRP ETFs recorded a three-day inflow streak, bringing in about $28.1 million between May 4 and May 6, while other days during that stretch showed neither inflows nor outflows.
The ETF-driven demand has coincided with price strength. The article says XRP moved above the $1.40 support area and was trading around $1.41 per token at the time of writing, up roughly 2% over the past 24 hours.
Despite the recent improvement, XRP remains far below its prior peak. The article states XRP is still over 61% below its all-time high of $3.65, reached last year.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
