Goldman Sachs has emerged as the largest institutional holder of spot XRP exchange-traded fund shares, with nearly $154 million in holdings across multiple XRP ETF products. Despite the sizable institutional exposure, XRP has struggled to move above $1.50 in recent weeks.
Goldman Sachs filed its 13F report with the U.S. Securities and Exchange Commission (SEC). The latest filings show that 83 institutions reported holdings in XRP ETFs. Together, the top 30 investors hold around $211 million worth of XRP ETF shares.
Among them, Goldman Sachs holds the largest position, with about $154 million in XRP ETF shares, putting it far ahead of other institutions that reported their holdings.
Although Goldman Sachs holds a large position, institutions control only a small part of the total XRP ETF market.
As of now, spot XRP ETFs held roughly $1.21 billion in total assets. The $211 million disclosed through 13F filings represents about 16% of those assets. The remaining 84% of ETF ownership comes from investors who are not required to file 13F reports.
Because of this structure, much of the daily trading activity in XRP ETFs is driven by investors outside the institutional reporting system.
Senior ETF Analyst Eric Balchunas commented that the non-reporting majority of ETF investors is likely dominated by dedicated XRP supporters rather than casual traders.
The token remains central to the strategy of Ripple Labs. At a recent event, Brad Garlinghouse described XRP as the company’s “North Star.”
Despite large institutional exposure through XRP exchange-traded funds, XRP has struggled to move above the $1.50 level for nearly a month.
However, overall market sentiment has weakened due to rising geopolitical tensions in the Middle East, particularly the conflict involving the United States, Israel, and Iran.
Technical levels show that $1.50 remains a strong resistance zone. If the token breaks above this level with sustained buying pressure, the price could move toward $2.
Until then, XRP may continue trading sideways.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
The Arbitrum Security Council has taken emergency action to freeze 30,766 ETH (worth $70 million)…
The Dogecoin price has been tightly consolidating below a pivotal resistance level since the start…
Ethereum (ETH) still appears range-bound on the chart, but the underlying data is starting to…
The Arbitrum Security Council has frozen 30,766 ETH, worth about $71 million, linked to the…
Rave DAO’s collapse from around $28 to nearly $0.50 sent shockwaves across the crypto market.…
The fate of the U.S. crypto market structure bill, known as the CLARITY Act, hangs…
