Rothschild Investment Acquires Stake in Bitwise XRP ETF

Chicago-based Rothschild Investment LLC has taken a position in the Bitwise XRP ETF, according to its latest 13F filing with the U.S. Securities and Exchange Commission (SEC). The quarterly disclosure shows the firm acquired 6,300 shares of the fund, which provides investors with exposure to the digital asset XRP.

The position was recorded under CUSIP 09174F107 in the third-quarter report and was valued at $104,769 as of September 30, indicating a recent addition to the company's portfolio. 13F filings report institutional holdings as of the final day of the quarter, meaning the figures reflect Rothschild's exposure at the end of September. That timing makes each 13F a point-in-time snapshot rather than a running record, so any adjustment the firm makes after the quarter closes will only surface in a later filing.

The Bitwise XRP ETF

The Bitwise XRP ETF began trading in November 2025, giving investors a way to gain indirect exposure to XRP, the digital asset associated with blockchain company Ripple, without the need for direct purchase or custody of the token. Bitwise is widely known for its lineup of crypto-focused investment products. For investment firms, buying shares of the fund shifts the purchase, safekeeping, and custody work to the issuer rather than the investor, which is the practical distinction that separates ETF-based access from holding tokens directly.

Despite the attention surrounding the XRP ETF, the new stake is modest relative to Rothschild Investment's overall portfolio. The firm's total reportable assets amount to approximately $2.69 billion, placing the $104,769 XRP position among its smaller holdings.

Bitcoin and Ethereum Positions Take Center Stage

Rothschild Investment's largest crypto asset holding is BlackRock's iShares Bitcoin Trust ETF, where the firm holds 40,188 shares valued at approximately $1.9 million. The filing also lists $911,300 in the Grayscale Bitcoin Trust ETF, $335,160 in the Morgan Stanley Bitcoin Trust ETF, $125,113 in the Grayscale Bitcoin Mini Trust ETF, $118,100 in the VanEck Bitcoin ETF, $116,802 in the Bitwise Bitcoin ETF, and $2,107 in the Fidelity Wise Origin Bitcoin Fund.

Taken together, these positions give Rothschild a cumulative investment across seven different Bitcoin vehicles totaling approximately $3.51 million. The firm also holds investments worth $538,622 in the Grayscale Ethereum Staking ETF and $476,500 in the Bitwise Ethereum ETF.

While Bitcoin and Ethereum dominate Rothschild Investment's crypto-focused allocations, the XRP ETF remains a smaller component within the firm's broader digital asset strategy.

Equity Stakes in Digital Asset Firms

Beyond cryptocurrency investment products, Rothschild Investment holds shares in publicly traded companies operating within the digital asset ecosystem. The firm owns 24,250 shares of the Bitwise Crypto Industry Innovators ETF, valued at $615,223, and maintains a $38,360 position in the Grayscale CoinDesk Crypto 5 ETF.

Its diversified equity portfolio further includes $530,763 in shares of MicroStrategy, the company led by Michael Saylor, alongside positions of $86,681 in Coinbase Global, $125,060 in Block, and $42,980 in Bitcoin mining firm Riot Platforms.

Taken as a whole, the 13F disclosure shows the Chicago-based firm spreading its crypto-related allocations across a wide range of products and issuers, from Bitcoin and Ethereum funds to the newly launched XRP ETF and publicly traded digital asset companies. Whether Rothschild builds on the initial XRP stake or keeps it as a small allocation will only become visible when the firm's next quarterly 13F is filed.