Goldman Sachs Tops Institutional Holders of XRP ETFs with Record Exposure
Goldman Sachs has taken the top spot among institutional holders of XRP ETFs in Q2, according to Bloomberg Intelligence. The bank's exposure jumped to $87.4 million, a significant increase of $83.1 million from the prior quarter.
The firm sits ahead of other notable institutions, including Jane Street Group with $16.6 million and Millennium Management at $16.2 million.
Notably, most firms on the list added to their XRP positions this quarter, while a handful trimmed their exposure. Citadel Advisors, Gallacher Capital Management, SIG Holding, and Flow Traders US all reduced their holdings, with SIG posting the steepest cut of about $4.6 million.
Cumulative net inflows into spot XRP ETFs have reached $1.8 billion since launch in November 2025, even as XRP's price has been volatile. Despite a recent pullback to around $1.37, spot ETFs have pulled in over $150 million across nine straight trading days.
Ripple's stablecoin RLUSD has also hit a milestone, crossing $2 billion in market cap with more than $1 billion issued directly on the XRP Ledger.