One of the most notable positions mentioned in the file was the Bitwise $XRP ETF. It was stated that the National Bank of Canada held 3,848 shares of the Bitwise $XRP ETF, worth approximately $330,000.
National Bank’s largest announced investment in cryptocurrencies was the ProShares Bitcoin ETF.
The bank reported holding 42,321 shares of the ProShares Bitcoin ETF, valued at approximately $5.31 million. Additionally, it stated that it holds 55,644 shares in the Fidelity Wise Origin Bitcoin Fund, a position worth approximately $1.09 million.
The submitted documents also indicate that the individual held 6,831 shares of the Grayscale Bitcoin Trust ETF, representing a Grayscale Bitcoin position worth approximately $150,000, and 2,596 shares of the Grayscale Bitcoin Mini Trust ETF, reportedly valued at approximately $100,000.
Bitwise announced its stake in five US-based cryptocurrency ETFs, including the $XRP ETF, bringing the total value of the five funds to approximately $6.98 million.
*This is not investment advice.