Goldman Sachs Leads as Wall Street Builds Over $210M Position in XRP ETFs

New regulatory filings show that several major Wall Street institutions have begun accumulating $XRP through spot ETFs.

These products have already attracted more than $1.2 billion in cumulative inflows, highlighting sustained investor demand despite recent market volatility.

In total, the filings reveal over $210 million in $XRP ETF exposure across the top 30 institutions. Interestingly, Goldman Sachs accounts for the majority of the disclosed capital.

The development has sparked discussions within the $XRP community. Some proponents interpret the move as Wall Street quietly building exposure to the fifth-largest cryptocurrency through regulated investment vehicles.

Key Points

• New regulatory filings show that over 30 institutions hold positions in $XRP ETFs worth $210 million.
• Goldman Sachs leads the group with $153.81 million in exposure, equivalent to about 83.63 million $XRP tokens.
• Other notable participants include Millennium Management, Logan Stone Capital, Jane Street, and DRW Securities, each holding millions of dollars in $XRP ETF exposure.
• Total $XRP ETF assets stand at about $967 million, while cumulative inflows have reached $1.21 billion.

Goldman Sachs Tops List of $XRP ETF Buyers

Data compiled by Bloomberg Intelligence, based on U.S. SEC 13F filings, has circulated widely among $XRP observers. The data shows that at least 30 institutional firms currently hold positions in $XRP ETFs, signaling growing interest among traditional financial players in regulated $XRP investment products.

The filings show more than $210 million in total $XRP ETF exposure among these institutions. Leading the list is Goldman Sachs, which holds over $153.81 million in $XRP ETF exposure, equivalent to roughly 83.63 million $XRP tokens. As a result, the bank alone accounts for the majority of all disclosed institutional holdings in these funds.

Other Notable Institutional $XRP ETF Buyers

Trailing far behind is Millennium Management, which reported $23.07 million in $XRP ETF exposure. This allocation represents approximately 12.54 million $XRP, positioning the hedge fund as the second-largest institutional holder on the list.

Logan Stone Capital ranks third with $5.29 million in exposure. Meanwhile, Citadel Advisors follows closely with about $4.52 million. Other notable institutions include Jain Global, with approximately $3.39 million in exposure, and Marex Group, with roughly $3.37 million.

In addition, several other firms maintain moderate positions, including Gallacher Capital Management, DRW Securities, Jane Street, and Flow Traders, with exposures of about $2.56 million, $2.41 million, and $1.99 million, respectively.

Beyond these names, several trading firms, hedge funds, and wealth managers also reported smaller allocations to $XRP ETFs.

Growing Institutional Comfort With $XRP

The presence of major firms such as Goldman Sachs, Citadel Advisors, and Millennium Management suggests that traditional finance is becoming increasingly comfortable gaining exposure to $XRP through regulated products.

However, despite the high-profile participants, their ownership still represents a relatively small share of total ETF assets. At press time, the five U.S. spot $XRP ETFs collectively hold about $967 million in assets, according to SoSoValue data.

Meanwhile, cumulative inflows stand at approximately $1.21 billion. Since March 5, the funds have largely recorded consecutive outflows, except on March 11 when flows remained neutral.

Yesterday, roughly $6.08 million exited the funds, led by withdrawals from the 21Shares and Franklin Templeton ETFs, which posted $3.09 million and $2.99 million in outflows, respectively.