Goldman Sachs Rebuilds XRP Spot ETF Holdings Worth $86.5M

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Goldman Sachs has re-entered the XRP spot ETF narrative, holding five funds totaling $86.5 million as of June 30, according to its 13F filing. The firm previously held $153.8 million in Q4 2025 but fully exited in Q1 2026. Holdings include the Franklin Templeton XRP Trust (XRPZ), Bitwise XRP ETF, Canary Capital XRP ETF, 21Shares XRP ETF, and Grayscale XRP ETF. The 13F also reveals ownership of 366,000 shares of SPAC Armada Acquisition Corp II, valued at $3.81 million, which is set to merge with Ripple-backed Evernorth and list as XRPN. Bitcoin ETF developments remain a key focus for major players.

ChainThink reports that, according to CoinPost on August 24, Goldman Sachs' 13F filing with the U.S. SEC reveals that, as of June 30, it held a total of five spot XRP ETFs with a combined value of approximately $86.5 million.

Goldman Sachs was previously the largest institutional holder of the XRP spot ETF, with a position of $153.8 million in the fourth quarter of 2025, but fully liquidated it in the first quarter of 2026; this marks a re-entry into the position.

Specific holdings include: 2.238 million shares of the Franklin Templeton XRP Trust (XRPZ), approximately $25.41 million; and 2.209 million shares of the Bitwise XRP ETF, approximately $25.76 million;

Canary Capital XRP ETF: 1.759 million shares, approximately $19.49 million; 21Shares XRP ETF: 806,000 shares, approximately $8.21 million;

Grayscale XRP ETF: 378,000 shares, approximately $7.65 million.

Additionally, the 13F filing shows that Goldman Sachs holds 366,000 shares of the SPAC company Armada Acquisition Corp II, valued at approximately $3.81 million.

The SPAC has entered into a business combination agreement with Evernorth, an XRP treasury company backed by Ripple, and will be listed on Nasdaq under the ticker symbol "XRPN" following the merger.

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