Goldman Sachs Tops Institutional Holders of XRP Spot ETFs

Goldman Sachs has taken the top spot among U.S. institutional investors in holding XRP spot exchange-traded funds (ETFs), according to Q2 13F filings.

The investment bank held $87.4 million in XRP spot ETFs, a significant increase of $83.1 million from the previous quarter.

Crypto-focused media outlet Coinpedia reported that Jane Street Group ranked second with $16.6 million in holdings, followed by Millennium Management with $16.2 million.

Institutional buying momentum in XRP spot ETFs is reflected in fund flow data, with approximately $1.8 billion in net inflows since launch, according to Bloomberg Intelligence analyst James Seyffart.