Goldman Sachs Becomes the Largest Holder of the XRP Spot ETF; Analysts Say 'Super Fans' Are Driving Investment

KuCoinFlash

Release Time: 03/10/2026 23:18:41

XRP

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Summary

Goldman Sachs now leads in XRP spot ETF holdings, according to ETF News. Analysts say most investors are XRP "super fans," not 13F filers. The top 30 holders held $211 million by the end of 2025, with total inflows exceeding $1 billion. Bloomberg’s Eric Balchunas says the funds likely come from core supporters, not average retail traders. Bitcoin ETF news remains separate, but XRP’s institutional adoption is growing.

Odaily Planet Daily report: Analyst data shows that as of the end of 2025, Goldman Sachs has become one of the largest institutional holders of the XRP spot ETF. Meanwhile, there are numerous unidentified investors in the market, referred to by analysts as XRP's "super fans."

Bloomberg analyst James Seyffart said that the XRP ETF investors currently visible through regulatory filings represent only a small portion, as the vast majority of investors are not required to file 13F disclosures.

Data shows that as of the end of 2025, the top 30 XRP spot ETF holders collectively held approximately $211 million in ETF shares. Overall, these ETF products had attracted over $1 billion in total net inflows by the end of 2025.

Another Bloomberg analyst, Eric Balchunas, believes these funds likely come primarily from XRP’s core supporters (super fans), rather than retail investors.

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