XRP ETF Inflows Hit $1.68B as Goldman Sachs Takes Top Spot

A series of trades on XRP (spot price $1.33) ETFs in the US has seen an influx of net cash inflows over the past 11 trading days.

The total net inflow has reached approximately $1.68 billion, with recent inflows totaling around $170 million.

Goldman Sachs emerged as the largest institutional XRP ETF investor in the second quarter, holding a position worth around $87.4 million at the end of that period.

However, it's essential to note that corporate ETF positions may not necessarily represent long-term investment in the underlying asset; some positions could be related to market making, customer transactions, or hedge strategies.