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Home»Analysis»Goldman Sachs Becomes Largest Holder of XRP ETF as Funds Record Just Nine Red Days
Analysis

Goldman Sachs Becomes Largest Holder of XRP ETF as Funds Record Just Nine Red Days

March 10, 2026No Comments
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XRP exchange-traded funds have attracted more than $1.4 billion in cumulative net inflows despite a broader slowdown in crypto markets since late 2025.

Bitcoin has fallen sharply from its October 2025 peak of around $126,000 to around $70,000 at press time, erasing around 45% of its value, while many other digital assets have declined further. Even as digital assets decline, XRP ETFs have continued to gain traction with investors.

According to an article on

Seyffart shared data showing that the top 30 holders of spot XRP ETF shares controlled approximately $211 million in positions at the end of 2025. Goldman Sachs was by far the largest holder, holding almost $154 million of these shares.

Eric Balchunas, an analyst at Bloomberg Intelligence, said these capital inflows were notable given the broader market slowdown.

“Like Solana, this is truly impressive considering they embarked on a brutal 45% takedown,” Balchunas wrote. “I suspect a lot of it is XRP super fans and casual retailers.”

SoSoValue data also shows that the funds saw relatively limited selling pressure. XRP ETFs have only seen nine days of net outflows since launch, three of which occurred in the past week.

Several issuers currently offer spot XRP ETFs, including 21Shares, Franklin Templeton, Bitwise, Canary Capital, and Grayscale.

XRP was last trading up about 2.5% on the day, near $1.40, although it remains about 62% below its all-time high of around $3.66 hit in July 2025.

Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our editorial policy.



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