Institutions Flock to XRP: Nasdaq CME Crypto Index Report Highlights Growing Interest

Recent data shows that institutional interest in cryptocurrency is expanding beyond Bitcoin to XRP. A report from Bitget highlights this trend, citing a formal index report from Nasdaq CME Crypto Index that covers a week in which several major cryptocurrencies saw significant declines.

The National Bank of Canada's disclosure of its XRP ETF holdings is listed under Key Developments in the report, alongside other significant institutional events such as Russia opening crypto access to non-qualified investors and crypto firms engaging with AI companies to strengthen security infrastructure.

Goldman Sachs reclaimed its position as the largest disclosed spot XRP ETF holder in Q2 2026, holding 84 million tokens representing $87.4 million in exposure across five separate XRP ETF products. Jane Street Group, a market maker and one of the world's most active trading firms, also disclosed positions across multiple XRP ETFs in its Q2 13F filing.

Q2 2026 has produced more institutional XRP ETF disclosures than any prior quarter, with trading firms, investment banks, commercial banks, and private equity firms all filing in the same cycle. This growing interest in XRP is a significant development in the cryptocurrency market.