Goldman Sachs Becomes Largest XRP ETF Holder as Funds Record Only Nine Days of Outflows

Key Facts

1XRP ETFs hold $1.4 billion in assets despite a recent price pullback.

2The ETFs have attracted more than $1.2 billion in cumulative inflows since launch.

3Major firms like Goldman Sachs and various hedge funds have disclosed positions in XRP ETFs.

XRP continues its upward trajectory as Goldman Sachs officially emerges as the single largest holder of spot XRP ETFs, significantly reinforcing institutional confidence. This milestone follows praise from Bloomberg senior ETF analyst Eric Balchunas, who highlighted the funds' remarkable consistency since inception. Notably, XRP ETFs have recorded only nine "red days" of net outflows, a testament to sustained investor appetite. Total assets under management have now reached $1.4 billion, driven by this top-tier institutional liquidity and steady inflows. Analysts suggest that Goldman’s leading position, coupled with the rarity of outflows, provides a robust foundation for the long-term stability of the XRP/USD pair in the global crypto market.

6 months ago

Version History

Version 46 months ago

What changed: Confirmed Goldman Sachs as the top institutional holder and highlighted the consistency of inflows, noting that the funds have seen only nine days of net outflows since launch.

Version 36 months ago

What changed: Added an endorsement from Bloomberg senior ETF analyst Eric Balchunas, who called the XRP ETF performance 'really impressive' despite initial perceptions of a sluggish start.

Version 26 months ago

What changed: The story was updated to include the pivotal role of XRP's massive global retail community, providing a sentiment-driven counterpart to the institutional data regarding Goldman Sachs.

Version 16 months ago

What changed: XRP price surged 5% to $1.4325 following 13F filings that confirmed Goldman Sachs as a top holder, signaling a potential market bottom and recovery.