Top XRP ETF Holders Revealed: Goldman, Jane Street Lead the List

Key Takeaways

• Goldman Sachs led disclosed spot XRP ETF holders with $87.4 million.
• The top 10 included banks, trading firms, and wealth managers.
• Investment advisers accounted for $120.9 million of total exposure.

Goldman Sachs Leads XRP ETF Holder Rankings

Institutional investors held $183.5 million across U.S. spot XRP exchange-traded funds (ETFs) at the end of the second quarter, according to charts shared by Bloomberg Intelligence ETF analyst James Seyffart on Aug. 31. The positions represented exposure equivalent to approximately 176.4 million XRP through publicly traded fund shares.

Goldman Sachs Group Inc. (NYSE: GS) led the rankings with $87.45 million in ETF exposure representing approximately 84.05 million XRP. The bank added exposure equivalent to 83.15 million XRP during the quarter, according to Bloomberg’s compilation. Goldman’s Form 13F filed with the Securities and Exchange Commission (SEC) covered holdings as of June 30 and was submitted Aug. 14.

Jane Street Group ranked second with $16.64 million in exposure representing nearly 16 million XRP, including an increase of approximately 13.57 million XRP. Millennium Management followed with $16.20 million tied to about 15.58 million XRP, although its equivalent token exposure increased by only 22,991 during the quarter.