Goldman Sachs holds over $152 million in XRP spot ETF, remaining the largest institutional holding.

XRP-3,12%

Gate News reports that Wall Street giant Goldman Sachs has filed a 13F with the U.S. Securities and Exchange Commission (SEC), showing its total holdings in four spot XRP ETFs exceeding $152 million, maintaining its position as the largest institutional holder. Goldman Sachs holds approximately 2 million shares of the 21Shares XRP ETF (worth about $35.9 million), around 1.94 million shares of the Bitwise XRP ETF ($39.81 million), about 1.93 million shares of Franklin Templeton XRPZ ($38.48 million), and approximately 1.07 million shares of Grayscale GXRP ($37.96 million).

The report indicates that as of Q1 2026, Goldman Sachs’s net holdings in spot XRP ETFs amount to $152 million. Its main competitors include Millennium Management, Logan Stone Capital, Citadel Advisors, and Jane Street Group. Despite recent pressures in the cryptocurrency market, XRP spot ETFs saw a net inflow of $1.26 billion, bringing total assets under management to approximately $996 million, with a cumulative net inflow of $1.21 billion. Goldman Sachs clients hold most of these positions.

On the same day, XRP price dropped over 2.5%, to $1.38, with a 24-hour trading range between $1.38 and $1.43. Trading volume decreased by about 10%, indicating waning market interest ahead of quarterly options expiration. Meanwhile, due to Ripple’s partnership with the Monetary Authority of Singapore to develop the BLOOM project, which pilots cross-border trade settlement using RLUSD, XRP futures open interest increased by approximately 1.62%, reaching $2.53.

Goldman Sachs has not yet clarified whether it increased or decreased its XRP holdings in Q1. Details are expected to be disclosed in the quarterly earnings report scheduled for mid-May. Analysts believe that Goldman Sachs’s continued holding of XRP spot ETFs reflects a cautious optimism about digital asset investments, while market attention remains focused on XRP’s potential in cross-border payments and enterprise applications.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments