Rothschild Investment LLC,a Chicago-based management firm, has disclosed its first position in the Bitwise XRP ETF . a filing from November 10 reveals the firm now holds 6,300 shares of the Ripple-linked fund.
The 6,300-share entry into Bitwise XRP
Rothschild Investment LLC has officially entered the XRP market via the Bitwise XRP ETF, as reported in a November 10 filing. This move marks the firm's first reported stake in a fund linked to the Ripple cryptocurrency, adding a new layer of diversification to its digital asset portfolio.
According to the report, Rothschild Investment held no shares of the XRP ETF in its previous quarterly disclosure. this indicates that the acquisition of the 6,300 shares took place during the third quarter, though the public record was only established via the November 10 document.
A $1.9 million anchor in BlackRock's iShares Bitcoin Trust
While the XRP move is notable, it remains a minor component of the firm's overall strategy compared to its Bitcoin holdings. Rothschild Investment's largest crypto position is the iShares Bitcoin Trust ETF managed by BlackRock, which consists of 40,188 shares valued at approximately $1.9 million .
The firm's appetite for Bitcoin extends beyond BlackRock. As the report says, Rothschild Investment also maintains significant positions in the Grayscale Bitcoin Trust ETF ($911,300) and the Morgan Stanley Bitcoin Trust ETF ($335,160), alongside smaller holdings in the VanEck and Fidelity Wise Origin funds.
Diversifying into Solana and Bitwise Crypto Industry Innovators
The inclusion of XRP is part of a broader institutional trend where firms utilize exchange-traded funds (ETFs) to gain exposure to volatile assets without the operational burden of direct token ownership. rothschild Investment has applied this model to other assets, holding $69,900 in a Solana ETF and 24,250 shares of the Bitwise Crypto Industry Innovators ETF, valued at $615,223.
By mixing these fund-based investments with shares in publicly traded companies involved in digital assets, Rothschild Investment is building a hybrid exposure model. this approach allows the Chicago-based firm to hedge its bets across different blockchain ecosystems—including Ethereum, where it holds stakes in the Grayscale Ethereum Staking ETF ($538,622) and the Bitwise Ethereum ETF ($476,500).
What the next quarterly filing will reveal about the XRP position
Despite the disclosure, several details regarding the long-term strategy for the 6,300 shares remain unknown. The November 10 filing does not outline any specific deadlines, scheduled increases, or exit procedures for the Bitwise XRP ETF position, leaving it unclear if this is a speculative bet or a long-term hold.
Because the source only provides a snapshot of the firm's holdings at a single point in time, investors must wait for the next quarterly report to see if Rothschild Investment LLC scales its XRP exposure. Whether the firm views XRP as a primary growth driver or a peripheral hedge will only become evident as subsequent filings are made public.
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