Old Guard Goes Full XRP: $584B MassMutual Dips a Toe Into the Bitwise ETF Pool

MassMutual, the $584 billion insurance giant, just revealed it's holding 602 shares of the Bitwise XRP ETF via its private wealth subsidiary. The SEC filing, dated April 13, shows MassMutual Private Wealth & Trust, FSB is quietly stacking XRP alongside its existing Bitcoin ETF bag—which already includes IBIT, BITC, FBTC, the Grayscale Bitcoin Mini Trust ETF, and GBTC. Because apparently, when you're that big, diversification means "why not both cryptos."

The move signals growing institutional confidence in XRP as regulatory headwinds calm down. Both the SEC and CFTC have classified XRP as a non-security, giving TradFi players the green light to dip their toes deeper into the pool. Translation: the old guard finally decided XRP wasn't the villain in this story—or at least not anymore.

Meanwhile, Goldman Sachs still holds the crown for largest XRP ETF position at over $152 million, but the trend is clear: traditional finance is inching closer to the XRP camp. Soon we'll see JPMorgan analysts explaining why they "always liked the tech" in hindsight.

On the price front, XRP is holding strong—trading above $1.37, up more than 3% with a 24-hour range of $1.32 to $1.38. Trading volume jumped 58%, showing traders aren't sleeping on this one. Because sleeping is for altcoin traders who don't have institutional inflows to write about.

Spot XRP ETFs pulled in $1.46 million in net inflows Monday, with Franklin XRP ETF (XRPZ) being the only fund in the green. Cumulative inflows have now hit $1.22 billion, and total AUM sits at a comfy $959 million. Not quite Bitcoin ETF territory, but hey, XRP ETFs are basically toddlers in this space.

Options traders are eyeing a $1.45 max pain point by the April 24 monthly expiry, while Santiment data shows XRP whales and institutions keep accumulating during the dips—because apparently, FUD is just another buying opportunity. The beauty of crypto: when everything looks like chaos, someone's always saying "buy the dip."