Goldman Sachs Tops XRP ETF Holders With $87M as Inflows Approach $1.8B

Goldman Sachs has emerged as the largest reported institutional holder of U.S. spot XRP exchange-traded funds, adding another Wall Street heavyweight to an ETF market whose cumulative inflows are approaching $1.8 billion.

Second-quarter 13F data compiled by Bloomberg ETF analyst James Seyffart puts Goldman Sachs at the top with approximately $87.4 million in XRP ETF exposure. Jane Street follows with about $16.6 million, while Millennium Management holds roughly $16.2 million.

Goldman’s increase is particularly notable. Bloomberg-derived data indicate its exposure rose by roughly $83.1 million from the previous quarter, implying a prior position near $4.3 million and an increase of roughly twentyfold.

That distinction matters because some social-media commentary described Goldman as returning after completely exiting XRP ETFs. Available Q2 versus Q1 data instead point to a dramatic expansion of an existing position.

Goldman Pulls Ahead of Other XRP ETF Holders

The ranking extends well beyond Goldman.

Behind Jane Street and Millennium, Intesa Sanpaolo reportedly holds approximately $14.4 million, followed by Marex UK Holdings at about $8.1 million. The list also includes wealth managers, hedge funds and trading firms.