Citadel Advisors has disclosed holdings exceeding $1.7 million in XRP-related exchange-traded funds (ETFs) and trusts, according to a report. The investment is spread across various issuers, including Franklin XRP ETF, Bitwise XRP ETF, Canary XRP ETF, Grayscale XRP Trust Call Option, and Armada Acquisition Corp. II. This diversified approach aligns with Citadel's multi-strategy investment style, which caters to large clients such as pension funds and endowments. The disclosure coincides with significant capital inflows into XRP products, with net inflows reaching $81.59 million in April. This trend reflects growing institutional interest in XRP, driven by narratives around tokenization and on-chain settlement. Meanwhile, the U.S. Securities and Exchange Commission is reviewing a proposal for crypto ETFs, including XRP, which could lead to a more regulated market framework for digital assets.