Wall Street Giants Pile into Spot XRP ETFs Amid Growing Institutional Interest
Recent 13F filings reveal that Goldman Sachs, Jane Street Group, and Millennium Management are among the biggest holders of spot XRP ETFs. The data, provided by Bloomberg Intelligence's James Seyffart, shows a sharp increase in institutional exposure to XRP ETFs alongside rising inflows.
The three largest reported holders of spot XRP ETFs account for significant institutional investment in the asset. Goldman Sachs is notably one of the biggest names in finance, and its involvement highlights growing interest in cryptocurrency among traditional financial institutions.
XRP ETF inflows have increased sharply even as the Ripple token itself pulled back from its August highs. The data suggests that institutional investors are looking beyond short-term price movements to invest in XRP's long-term potential.