Goldman Sachs Dominates US Institutional XRP ETF Holdings

Goldman Sachs holds the largest XRP ETF position among U.S. institutional investors, according to a recent 13F filing.

The financial giant's stake in XRP is valued at $87.45 million as of June 30, representing about 48% of the total declared by major financial firms.

This suggests increased institutional involvement in crypto assets like XRP, but experts note that these ETF holdings may reflect market-making and arbitrage activities rather than long-term investment bets.

Further evidence of growing interest in XRP comes from the broader XRP ETF market, which shows strong inflows with $1.48 billion in net assets as of early September.