Goldman Sachs Regains Top Spot in XRP ETF Holdings Amid Price Surge
Goldman Sachs has regained its position as the largest institutional holder of XRP ETFs, according to recent filing data. The firm oversees over $4 trillion in total assets under management and reported a significant investment in five XRP funds, totaling $86.5 million. This move comes as XRP has experienced a substantial surge, rising by more than 40% this week.
The price increase is notable, with XRP climbing from near $1 to around an unspecified amount. The exact figures are not provided in the source material. Goldman Sachs' renewed interest in XRP ETFs highlights the growing institutional recognition of the asset's potential.