XRP Falls 70% Year-to-Date as Morgan Stanley Discloses Q2 ETF Holdings

XRP declines nearly 70% annually while Morgan Stanley reveals Q2 holdings in Franklin, REX-Osprey, and Bitwise ETFs. Derivatives data shows seller dominance with low buy/sell ratios.

Woofun AI reports that XRP has declined by over 10% in the past week, marking an annual drop of nearly 70%. Morgan Stanley disclosed its second-quarter XRP exposure via three ETFs: Franklin, REX-Osprey, and Bitwise Asset Management. The largest position was held in the Franklin fund, totaling 6,715 shares. Other institutional holders include Wolverine and Bank of Canada.

In the derivatives market, sellers maintain control with a Taker Buy/Sell Ratio of approximately 0.86, the lowest level since May last year. Open interest remains at 435.1 million contracts, exceeding the 30-day average. Analysts caution that additional price declines could precipitate a wave of liquidations.