Crypto
Goldman Sachs Leads Institutional Demand for XRP Spot ETFs
The price of XRP rose by 1.31% to $1.38, slightly outperforming a modestly positive broader market.
This increase is driven primarily by resilient institutional demand for spot exchange-traded funds (ETFs) and positive regulatory developments in the XRP ecosystem.
The cumulative net inflows into these XRP ETFs reached approximately $1.6 billion since their launch, with investment advisers being the largest allocators.
Goldman Sachs Group Inc. has emerged as the largest institutional holder of spot XRP ETF positions, reporting $87.45 million in XRP ETF exposure in its Q2 2026 13F filing.