XRP ETF Holdings Put Goldman Sachs Back On Top

fiverr
Ledger


What to know:

  • Goldman Sachs reclaimed the top XRP ETF holder spot with a new $86.5 million position.
  • The firm spread its XRP exposure across five listed funds led by Franklin and Bitwise.
  • US spot XRP ETFs drew $13.24 million on Thursday as total assets reached $1.17 billion.

Goldman Sachs has reclaimed its position as the largest disclosed institutional XRP ETF holder. Its Q2 2026 disclosure filed with the U.S. SEC shows $86.5 million across five XRP-linked products.

The Wall Street giant had completely exited these funds in the previous quarter. Its return to XRP ETFs made Goldman Sachs the largest disclosed institutional holder again.

The latest XRP ETF portfolio includes products from Bitwise, Franklin Templeton, Canary Capital, 21Shares, and Grayscale. Goldman reported a higher share count in several of those funds.

okex

Also Read: Binance Employees Released After UAE Inquiry Into Third-Party Fund Flows

How Large Is Goldman Sachs’ XRP ETF Portfolio?

Its largest holding was 2,238,407 shares in Franklin Templeton’s XRPZ. Goldman Sachs also held 2,208,949 shares in the Bitwise XRP ETF.

Goldman listed 1,759,090 shares in Canary’s XRPC and 806,126 shares in TOXR. It also disclosed 377,619 shares of Grayscale’s GXRP fund.

Goldman’s earlier XRP ETF holdings were valued at about $152 million before the full exit. The latest quarterly filing showed a smaller total position after the company returned.

Goldman Sachs also reported holding 365,976 XRPN shares in Armada Acquisition Corporation II. Ripple-backed Evernorth Holdings plans to merge with the SPAC and list on Nasdaq.

Evernorth recently confirmed that the proposed transaction had moved closer to completion. Goldman disclosed the XRPN position alongside its fund stakes in the same quarterly report.

What Is Driving Growth in the XRP ETF Market?

JPMorgan, Morgan Stanley, and Bank of America also disclosed XRP ETF positions for the second quarter. The filings show broader participation by major traditional finance companies.

The announcements were made as the financial institutions increased activities in tokenization and digital treasury management. Meanwhile, companies continued creating systems for real-time cross-border transactions.

The US spot market for XRP ETFs saw a total of $13.24 million worth of net inflows on Thursday, according to SoSoValue. Bitwise attracted $9.9 million, while Franklin Templeton added $3.34 million.

Total assets under management hit $1.17 billion following the latest net inflows. Total net investment within the products also crossed $1.53 billion.

Why Is the XRP Price Rising Today?

Positive sentiment was evident amid renewed talks regarding the crypto policy in the US. Ripple’s CEO, Brad Garlinghouse, joined other industry leaders for Clarity Act talks at the White House.

As of writing, XRP is trading near $1.37 following its surge above 16% in the past 24 hours. According to CoinMarketCap, the weekly gains stood at 38%, as the overall crypto market started recovering.

The daily trading volume increased by 113.47% over the past 24 hours. The spike was an indication of stronger activity as the crypto moved sharply higher in the week.

Also Read: MANTRA Chain Stops Transactions Amid Investigation Into Network Incident

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.





Source link

Bybit

Be the first to comment

Leave a Reply

Your email address will not be published.


*