Goldman Sachs Leads Institutional Charge into XRP ETF Market
Goldman Sachs has emerged as the largest institutional investor in XRP ETFs, with $86.5 million invested across five products.
This marks a significant shift for Goldman, which previously exited the market, but is now re-entering with renewed interest.
Others banks like JPMorgan, Morgan Stanley, and Bank of America have also disclosed XRP ETF holdings, indicating growing institutional involvement in the cryptocurrency.
XRP's price surged over 40% in a week, trading between $1.31 and $1.38, while spot XRP ETFs attracted $13.24 million in net inflows, pushing total assets to $1.17 billion.