Goldman Sachs Leads Surge in XRP Spot ETF Inflows

The XRP spot ETFs have seen significant growth in recent weeks, with net inflows totaling $170 million over an 11-trading-session period. This surge includes nine consecutive days of positive flows, a trend that has raised the total net inflows for these ETFs to $1.68 billion since their launch in November 2024.

According to the second quarter 13 F filings made public, Goldman Sachs leads the list with an estimated $87.4 million invested across five funds, followed closely by Jane Street and Millennium Management. This influx of institutional investment has been a key factor in the ETFs' resilience during XRP's recent price fluctuations.

The data suggests that investors are positioning themselves rather than chasing momentum, which could indicate a more stable market for XRP. The use of ETFs also opens up possibilities for regulatory and self-custody options, providing greater flexibility for investors.