Goldman Sachs Leaps to Top Spot Among Institutional XRP Holders

Goldman Sachs has emerged as the largest institutional holder of crypto spot XRP ETFs in Q2, according to Bloomberg Intelligence. The bank's exposure jumped to $87.4 million, a significant increase from $83.1 million in the prior quarter.

The top five holders of XRP ETFs include Jane Street Group with $16.6 million, Millennium Management at $16.2 million, Intesa Sanpaolo at $14.4 million, and Marex UK Holdings at $8.1 million.

Most firms on the list added to their XRP positions in Q2, but a few trimmed their exposure, including Citadel Advisors and SIG Holding, which posted the steepest cut at roughly $4.6 million.

The cumulative net inflows into spot XRP ETFs have reached $1.8 billion since launch, with over $150 million added in nine straight trading days despite XRP's price pulling back to around $1.37.