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Goldman Sachs Re-Enters XRP ETF Market with $86.5M Exposure

Guavy AI Editorial Team
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Goldman Sachs has disclosed $86.5 million in exposure across five XRP ETFs, according to its Q2 13F filing.

This marks a return to XRP ETF exposure after the bank reported no holdings in the first quarter, and comes as trading activity in the Bitwise XRP ETF surges.

Trading volumes in the Bitwise XRP ETF have accelerated significantly over the past three sessions, with more than $80 million traded in the latest session alone.

The surge in ETF activity provides context for Goldman Sachs' renewed XRP ETF exposure, although the bank's filing does not explain the reason behind its investment decisions.

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