Goldman Sachs Leads XRP ETF Inflows as Institutions Flock to Spot Markets
The XRP spot ETFs have seen significant net inflows of $170 million over the past 11 trading sessions, including nine consecutive days of positive flows. This brings the total net inflows to $1.68 billion since their launch in November 2024.
According to 13F filings from the second quarter, Goldman Sachs leads with a reported approximate value of $87.4 million invested across five funds, followed by Jane Street and Millennium Management.
The surge in ETF inflows indicates that institutional investors are positioning themselves for potential gains rather than chasing momentum. This trend is also reflected in the recent price action, as XRP cooled down from its high of $1.69 in mid-August.
The increased focus on positioning and regulation-friendly exposure could be a result of the growing adoption of XRP spot ETFs among institutional investors.