BREAKING: Goldman Sachs Returns as Largest XRP ETF Holder

Varinder Singh
Varinder Singh

Varinder Singh

Independent Sr. Journalist
Expertise : Bitcoin, Crypto, Global Macro, DeFi, Blockchain, Web3, US Stocks, AI, Regulations and Lawsuits, & More
Varinder is a seasoned leader in the fintech and crypto media with over 12 years of experience, including over 6 years dedicated to blockchain, crypto, and Web3 developments. He is known for covering high-impact and quality news stories for publishers such as CoinGape, The Coin Republic, and The Crypto Times, while perfecting and training multiple journalists during his tenure. Being a Master of Technology degree holder, analytics thinker, and tech enthusiast, he has shared his knowledge of disruptive technologies in over 6000 news articles and papers.
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Goldman Sachs Returns as Largest XRP ETF Holder
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Highlights

  • Goldman Sachs reveals holdings in Bitwise, Franklin Templeton, Grayscale, Canary, and 21Shares XRP ETFs.
  • Wall Street giant becomes largest XRP ETF holder with $86.50 million in total positions.
  • Also holds 365,976 XRPN shares in Ripple-backed Evernorth’ SPAC Armada Acquisition Corp II.
  • XRP price rally over 40% this week amid massive institutional interest.

Wall Street giant Goldman Sachs has become the largest XRP ETF holder, reclaiming the spot after completely exiting its XRP exchange-traded funds last quarter. XRP is among the top coins leading the market recovery, with the price up 40% this week.

Goldman Sachs Becomes Top XRP ETF Holder

Goldman Sachs Group has re-entered the XRP ETFs and reclaimed the top spot among disclosed institutional holders, according to its latest Q2 2026 disclosure with the U.S. SEC.

The Wall Street giant built significant exposure across multiple XRP ETFs. As per the filing, Goldman Sachs has $86.50 million in total position across Bitwise, Franklin Templeton, Grayscale, Canary, and 21Shares XRP ETFs.

Notably, the investment firm holds 2,208,949 Bitwise XRP ETF shares, 2,238,407 shares in Franklin’s XRPZ, and 1,759,090 shares in Canary’s XRPC. The holdings have increased in these ETFs.

It also holds 806,126 shares in TOXR and 377,619 shares in Grayscale’s GXRP ETF. Goldman Sachs’ earlier XRP ETF holdings were around $152 million. The value of the latest holdings is set to increase amid the recent XRP price rally.

The Wall Street giant also disclosed 365,976 XRPN shares in Ripple-backed Evernorth Holdings’ SPAC Armada Acquisition Corp II. Evernorth moved closer to merging with Armada Acquisition and listing on Nasdaq, the company confirmed.

Wall Street giants such as JPMorgan, Morgan Stanley, and Bank of America have also revealed XRP ETF holdings in Q2. This indicates growing tradFi in crypto assets amid push into tokenization, treasury management, and real-time cross-border payments.

XRP Price Rising amid Growing Institutional Inflows

Spot XRP ETFs saw net inflows of $13.24 million on Thursday amid broader crypto market recovery. Bitwise saw $9.9 million in inflows and Franklin recorded another $3.34 million in inflows, according to SoSoValue data.

As a result, total assets under management rose to $1.17 billion, and cumulative inflows surpassed $1.53 billion. This renewed bullish sentiment was driven by various factors, including Ripple CEO Brad Garlinghouse joining crypto leaders and the Clarity Act discussion at the White House.

Spot XRP ETF Daily Flows
Spot XRP ETF Daily Flows. Source: SoSoValue

XRP price is trading at 1.38, up more than 22% today and 40% this week amid Goldman Sachs’ ETF exposure. The 24-hour low and high were $1.16 and $1.43, respectively. Furthermore, trading volume has jumped further by 156% over the last 24 hours, indicating massive interest among traders.

Meanwhile, XRP futures open interest has rocketed more than 17% to $3.44 billion in the past 24 hours. The 24-hour XRP futures OI on CME climbed more than 35%. It also jumped 15% on Binance and 29% on Hyperliquid.

Traders looking to capitalize on this market momentum can utilize the best crypto futures trading platforms to execute derivative strategies with deep liquidity.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

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About Author
About Author
Varinder is a seasoned leader in the fintech and crypto media with over 12 years of experience, including over 6 years dedicated to blockchain, crypto, and Web3 developments. He is known for covering high-impact and quality news stories for publishers such as CoinGape, The Coin Republic, and The Crypto Times, while perfecting and training multiple journalists during his tenure. Being a Master of Technology degree holder, analytics thinker, and tech enthusiast, he has shared his knowledge of disruptive technologies in over 6000 news articles and papers.