Farmers & Merchants Investments Reveals $4B Holdings in XRP, Bitcoin, and Robinhood

Farmers & Merchants Investments, a bank holding company with $4.1 billion in assets under management (AUM), has made significant investments in various digital assets and traditional financial instruments.

The institutional investment manager disclosed its holdings in the Bitwise XRP ETF, which is valued at roughly $30,000 and represents 2,374 shares.

This exposure to XRP indicates Farmers & Merchants Investments' growing confidence in crypto assets, as well as its willingness to allocate to spot XRP ETFs alongside traditional financial instruments.

Notably, Bank of America (BofA) holds 13,000 shares of the Volatility Shares XRP ETF, and institutional interest in XRP is rising amid growing crypto regulatory clarity.