Nasdaq-listed financial services company Marex Group has significantly expanded its crypto-related investments, emerging as the third-largest institutional holder of XRP ETFs. The firm also boosted its holdings in Strategy (MSTR), reinforcing its growing exposure to digital asset markets.
According to a recent 13F filing submitted to the US SEC, Marex Group disclosed approximately $9.4 million in combined XRP ETF holdings. The company increased its exposure through investments in both the Canary XRP ETF and the Bitwise XRP ETF, highlighting rising institutional confidence in XRP and Ripple’s broader ecosystem.
Marex Group currently owns 356,865 shares of the Canary XRP ETF (XRPC), valued at roughly $5.1 million during the first quarter of 2026. This represented a sharp increase compared to the previous quarter, when the firm held 173,298 shares.
In addition, the company acquired 286,021 shares of the Bitwise XRP ETF, worth nearly $4.3 million. Following these purchases, Marex Group became the third-largest institutional investor in XRP ETFs, trailing only major firms such as Goldman Sachs and Millennium Management.
Beyond XRP-related products, Marex Group also expanded its investment in Strategy stock during Q1 2026. The company increased its MSTR holdings from 2.93 million shares to more than 3.41 million shares.
The firm also adjusted its exposure to Strategy’s derivatives and preferred stock products. Marex reduced its call options position while significantly increasing holdings in Strategy’s perpetual preferred STRK shares from 4,400 to 16,401 shares.
At the same time, Marex trimmed positions in several digital asset treasury companies, including TON Strategy and Bitmine Immersion Technologies.
Despite growing institutional demand, MSTR shares closed over 3% lower on Wednesday, tracking weakness in Bitcoin prices. The stock also remained slightly lower during premarket trading on Thursday.
Meanwhile, Marex Group’s own stock, MEX, surged more than 4% during Wednesday’s session and has climbed over 16% this week. The company’s year-to-date gains have now approached 54%, reflecting strong investor confidence in the firm’s expanding crypto strategy.
XRP also posted a modest rebound after Brad Garlinghouse discussed the token’s unique positioning within the crypto market. XRP was trading around $1.43, fluctuating between a daily low of $1.41 and a high of $1.47.
