Daily News 19

Tag: Goldman Sachs XRP holdings

  • Wall Street Flocks to XRP as Bloomberg Analyst Reveals Key Findings on Top XRP Investors

    Wall Street Flocks to XRP as Bloomberg Analyst Reveals Key Findings on Top XRP Investors

    Bitcoin and the broader cryptocurrency market rallied sharply in August, with BTC rising above $80,000 for the first time in months. XRP was among the altcoins to post significant gains during the period.

    Data shows that XRP’s price increased by approximately 40% between August 17 and August 31, rising from $0.99 to $1.38. However, total open interest in XRP futures fell by 16%, declining from 2.77 billion XRP to approximately 2.34 billion XRP.

    While open positions across the broader XRP futures market decreased, activity on the Chicago Mercantile Exchange (CME) moved in the opposite direction. CME open positions increased from 284 million XRP to 387 million XRP, representing a gain of approximately 36%.

    According to market analyst Omkar Godbole, the CME’s status as a regulated market used primarily by professional investors and asset managers makes the increase a potential signal of strengthening institutional interest in XRP.

    The shift in futures positioning comes ahead of the expected US Clarity Act vote, which would establish rules for the structure of the cryptocurrency market. The legislation is of particular interest to XRP and other digital assets, while market participants closely monitor the Senate’s procedural vote on the bill.

    Wall Street Interest in XRP ETFs Grows

    Despite continued volatility in XRP futures, US spot XRP ETFs maintained steady inflows.

    Bloomberg ETF analyst James Seyffart announced in a post on August 31 that cumulative net inflows into US spot XRP ETFs had reached $1.8 billion.

    Seyffart also noted that ETF flows have remained mostly positive since their launch, despite fluctuations in the price of XRP.

    Largest Institutional XRP ETF Holders

    After reviewing second-quarter 13F filings, Seyffart identified Goldman Sachs, Jane Street, and Millennium Management as some of the most prominent institutional investors in spot XRP ETFs.

    According to the chart shared by Seyffart, Goldman Sachs held the largest position, with $87.4 million invested in spot XRP ETFs. That represented an increase of $83.1 million from the previous quarter.

    Jane Street Group ranked second with $16.6 million, followed by Millennium Management with $16.2 million, Intesa Sanpaolo with $14.4 million, and Marex UK Holdings with $8.1 million.

    Advisors Lead XRP ETF Investor Groups

    Investment advisors stood out among the major XRP ETF investor groups. Seyffart’s report showed that advisors were among the largest holders of spot XRP ETFs during the second quarter and represented the most active investor group in allocating capital to these products.

    The data indicates that XRP ETFs are attracting interest from both individual investors and traditional financial institutions, suggesting that institutional participation in the products is continuing to expand.

    This is not investment advice.

  • Bloomberg’s James Seyffart Says XRP ETF Flows Are “Surprisingly Resilient” as Cumulative Inflows Near $1.8B

    Bloomberg’s James Seyffart Says XRP ETF Flows Are “Surprisingly Resilient” as Cumulative Inflows Near $1.8B

    $XRP ETFs continue to attract substantial investor demand, with Bloomberg ETF analyst James Seyffart describing their flow performance as “surprisingly resilient.”

    Seyffart highlighted the trend in a post on X, sharing Bloomberg data showing that U.S. spot $XRP ETFs have recorded approximately $1.8 billion in cumulative net inflows since launch.

    “$XRP ETF flows have been surprisingly resilient,” Seyffart wrote, adding that aggregate flows have “mostly only gone one direction.” He said the performance was particularly notable given $XRP’s price action over the same period.

    $XRP ETF Inflows Continue to Rise

    The chart shared by Seyffart shows cumulative $XRP ETF flows increasing from approximately $150 million on November 13, 2025, to around $1.45 billion by January 16, 2026.

    Flows then consolidated between approximately $1.3 billion and $1.5 billion during the following months before resuming their upward trend.

    Cumulative inflows rose steadily through June, July and August. As of August 26, 2026, cumulative $XRP ETF net inflows stood at approximately $1.79 billion, according to Bloomberg’s graphic.

    That marks an increase of roughly $1.64 billion from the $150 million recorded in November.

    $XRP ETF inflows by Bloomberg

    Goldman Sachs Leads $XRP ETF Institutional Holders

    Seyffart’s latest ETF-flow update followed an earlier post highlighting institutional ownership of spot $XRP ETFs based on second-quarter 13F filings.

    According to his data, Goldman Sachs was the largest holder among the listed firms. The investment bank held approximately $87.45 million in $XRP ETF exposure, equivalent to 84.05 million $XRP. Its exposure increased by more than 83.15 million $XRP during the previous quarter.

    Jane Street Group ranked second, with approximately $16.64 million in exposure, equivalent to nearly 16 million $XRP, after adding about 13.57 million $XRP.

    Millennium Management followed with approximately $16.20 million in exposure, representing roughly 15.58 million $XRP.

    Other institutions reporting $XRP ETF positions included Intesa Sanpaolo, Marex UK Holdings, Ironbridge Private Wealth, Kaleidoscope Capital, Wolverine Asset Management, Bain Capital Private Equity and Citadel Advisors.

    Weekly $XRP ETF Inflows Jump 177%

    Recent flow data further highlights the acceleration in demand. $XRP ETFs recorded approximately $110.49 million in weekly inflows, a 177% increase from the $39.78 million recorded the previous week.

    During the last trading session, $XRP ETFs attracted $5.64 million. Canary led the inflows with $4.71 million, taking its cumulative inflows to approximately $486.73 million. The Bitwise $XRP ETF attracted $930,420, bringing its cumulative inflows to roughly $603.56 million.

    Franklin’s fund, 21Shares and Grayscale recorded no new inflows on Monday. Nevertheless, the latest figures indicate that demand has remained strong following $XRP’s sharp rally and subsequent pullback.

    Monthly $XRP ETF Inflows Show Major Reversal

    The improvement is also evident in monthly figures. $XRP ETFs recorded $159 million in inflows in August, compared with just $27.29 million during the previous month.

    This represents a 462.7% increase. The acceleration coincided with $XRP’s explosive price move during the second half of August.

    $XRP climbed from $0.9888 to $1.70, gaining 72% in just four days. The token has since corrected by 20% and was trading at around $1.37 at press time.