Farmers & Merchants Investment Inc., a bank holding company with assets under management (AUM) worth $4.1 billion, disclosed exposure to Bitcoin (BTC), XRP, and Robinhood Markets (Nasdaq: HOOD).
While Bitcoin is the world's largest cryptocurrency, XRP is the sixth-largest cryptocurrency.
Robinhood is a Menlo Park, California-based e-trading brokerage platform that is best-known for its stock, cryptocurrency, and tokenized stock offerings.
Farmers & Merchants Investment Inc. revealed in a 13F filing with the U.S. Securities and Exchange Commission (SEC) that the bank holding company holds stakes in BlackRock's iShares Bitcoin Trust ETF (Nasdaq: IBIT), Bitwise XRP ETF (NYSE Arca: XRP), and Robinhood.
BlackRock's IBIT fund was launched in January 2024 following the SEC's approval and is the biggest spot ETF in the U.S. to offer Bitcoin exposure. The fund, which hit the all-time high (ATH) of $71.82 on Oct. 6, 2025, was trading around 50% lower at $37.53 at the time of writing.
The Bitwise XRP fund was launched in November 2025, following the success of multiple crypto ETFs. The fund, which hit the ATH of $26.88 on Jan. 6, 2026, was trading more than 50% lower at $12.92.
It was in July 2021 that Robinhood went public. In September last year, the stock joined the coveted S&P 500 index. The HOOD stock, which hit the ATH of $153.86 on Oct. 6, 2025, was trading 30% lower at $106.69.
Farmers & Merchants Investment Inc.'s latest disclosure only shows how much traditional finance (TradFi) firms have come to embrace digital assets.
This story was originally published by TheStreet on Jul 21, 2026, where it first appeared in the MARKETS section. Add TheStreet as a Preferred Source by clicking here.