Goldman Sachs Tops Institutional Holders of Spot XRP ETFs

Goldman Sachs has taken the top spot among institutional holders of spot XRP ETFs in the second quarter, according to Q2 13F filings compiled by Bloomberg Intelligence. The bank's exposure jumped to $87.4 million, up from $4.3 million in the prior quarter, making it the largest increase of any firm on the list.

Jane Street Group sits in second place with $16.6 million in exposure, followed closely by Millennium Management at $16.2 million. Intesa Sanpaolo and Marex UK Holdings complete the top five with $14.4 million and $8.1 million respectively.

The data shows that most firms added to their XRP positions this quarter, but a handful moved in the opposite direction. Citadel Advisors, Gallacher Capital Management, SIG Holding, and Flow Traders US all trimmed their exposure, with SIG posting the steepest cut at roughly $4.6 million.