Goldman Sachs Loads Up on XRP ETF Holdings Amid Token Surge

Goldman Sachs has significantly increased its exposure to XRP ETFs in its latest filing, reporting around $86.5 million across five such funds.

This marks a notable shift from the previous quarter, when the company reported no holdings in XRP ETFs.

The move comes as Ripple's native token, XRP:native, has surged approximately 40% in just two days.

While the exact reasons behind Goldman Sachs' increased exposure to XRP ETFs are not explicitly stated, this development may indicate growing interest and confidence in the asset.