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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.
Related: Circle, Robinhood, Strategy stocks surge on Bitcoin comeback
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.
- IBIT: $8,689
- XRP: $27,681
- HOOD: $47,633
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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.
Related: Analyst reveals Bitcoin is massively undervalued at $65,000
