XRP ETF Records 11 Consecutive Days of Net Inflows; Goldman Sachs Is the Top Holder

Huoxing Finance reports that the U.S. spot XRP ETF has recorded net inflows for 11 consecutive trading days, attracting approximately $170 million in total during this period. Since its launch in November last year, cumulative net inflows into these funds have reached about $1.68 billion. On Wednesday morning, XRP traded at approximately $1.33, below the $1.45 level seen on August 27 but still above the $1 level in mid-August. According to 13F filings, Goldman Sachs is the largest institutional holder of the XRP ETF, with holdings of approximately $87.4 million; Jane Street and Millennium Management hold $16.6 million and $16.2 million, respectively. Investment advisors represent the largest category of holders, accounting for about $120 million of the disclosed $183 million, while hedge funds hold approximately $25 million, and brokers and banks hold around $17 million and $14 million, respectively. However, institutional holdings and fund inflows measure different dimensions: 13F filings reflect positions as of June 30, while the consecutive inflows capture new capital from late August to early September. These figures reflect only the ETF’s total holdings and not investors’ full exposure to XRP—entities like Goldman Sachs may hedge part of their price risk through futures or other instruments. The next round of 13F filings will be released in November.