Rothschild Investment Discloses Stake in Bitwise XRP ETF Filing

Rothschild Investment has acquired a stake in the Bitwise XRP ETF, the fund that began trading in November 2025, according to the firm's latest disclosure filing. The position gives the Chicago-based investment manager indirect exposure to XRP, the Ripple-linked digital asset, without direct purchase or custody of the token.

The XRP holding remains a small component of the firm's broader digital asset strategy. Rothschild reports approximately $2.69 billion in total reportable assets, and the new position sits well below its Bitcoin and Ethereum allocations in both dollar terms and portfolio weight.

How large are the Bitcoin and Ethereum positions?

BlackRock's iShares Bitcoin Trust ETF anchors the crypto sleeve. Rothschild holds 40,188 shares valued at roughly $1.9 million, making it the firm's single largest crypto asset holding.

Six further Bitcoin vehicles round out the allocation:

• $911,300 in Grayscale Bitcoin Trust ETF
• $335,160 in Morgan Stanley Bitcoin Trust ETF
• $125,113 in Grayscale Bitcoin Mini Trust ETF
• $118,100 in VanEck Bitcoin ETF
• $116,802 in Bitwise Bitcoin ETF
• $2,107 in Fidelity Wise Origin Bitcoin Fund

Together, the seven Bitcoin vehicles total approximately $3.51 million. That figure is roughly six times the firm's combined Ethereum exposure, which consists of $538,622 in Grayscale Ethereum Staking ETF and $476,500 in Bitwise Ethereum ETF — a cumulative position of just over $1 million.

Bitwise, the issuer behind the XRP product, is known for its crypto-focused investment lineup. The firm now supplies Rothschild with exposure across three separate vehicles: the XRP ETF, its namesake Bitcoin ETF, and its Ethereum ETF.

What equity stakes does the firm hold?

Beyond fund products, Rothschild holds shares in publicly traded companies across the digital asset ecosystem. The largest single-name position is MicroStrategy, the leveraged Bitcoin proxy led by Michael Saylor, at $530,763.

The firm also holds:

• 24,250 shares of Bitwise Crypto Industry Innovators ETF, valued at $615,223
• $125,060 in payments company Block
• $86,681 in exchange operator Coinbase Global
• $42,980 in Bitcoin miner Riot Platforms
• $38,360 in Grayscale CoinDesk Crypto 5 ETF

The combined equity stakes indicate Rothschild treats crypto exposure as a multi-channel allocation: spot-linked ETFs, sector index funds, and operating companies in mining, payments, and trading.

What does the disclosure signal for institutional flows?

The filing documents a traditional asset manager adding XRP-linked exposure through a regulated wrapper for the first time in this portfolio, five months after the product's November 2025 debut. At $2.69 billion in reportable assets, Rothschild is a mid-sized player, but 13F-style disclosures from firms of this scale often serve as a leading indicator for wider wealth-management adoption of newer crypto ETF wrappers.

The size of the stake — minor relative to the Bitcoin allocation — suggests the XRP position is exploratory rather than a strategic reweighting. Subsequent quarterly filings will show whether Rothschild grows the position or treats it as a one-off allocation, and whether XRP ETF inflows from comparable registered investment advisers broaden beyond the earliest adopters.