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Goldman Sachs Reclaims Top XRP ETF Holder Spot

Created at 21 Aug · 11:41 AM1 source↑ Market-relevant
IN SHORT

Goldman Sachs has become the largest holder of XRP exchange-traded funds, disclosing over $86 million in total positions across multiple ETFs. This move signals growing institutional interest in crypto assets, coinciding with a significant price rally for XRP.

Key Numbers

$86.50 millionGoldman Sachs' total XRP ETF position
2,208,949Bitwise XRP ETF shares held by Goldman Sachs
2,238,407Franklin XRPZ shares held by Goldman Sachs
1,759,090Canary XRPC shares held by Goldman Sachs
806,126TOXR shares held by Goldman Sachs
377,619Grayscale GXRP ETF shares held by Goldman Sachs
$152 millionGoldman Sachs' prior XRP ETF holdings
365,976XRPN shares in Armada Acquisition Corp II held by Goldman Sachs
$13.24 millionNet inflows into spot XRP ETFs on Thursday
$1.17 billionTotal assets under management in spot XRP ETFs
$1.53 billionCumulative inflows into spot XRP ETFs
$1.38Current XRP price
40%
XRP price increase this week
156%XRP trading volume increase over 24 hours
$3.44 billionXRP futures open interest
17%XRP futures open interest increase in 24 hours

Who's Involved

Goldman Sachs
Wall Street giant and largest XRP ETF holder
Bitwise
XRP ETF provider
Franklin Templeton
XRP ETF provider
Grayscale
XRP ETF provider
Canary
XRP ETF provider
21Shares
XRP ETF provider
Evernorth Holdings
Ripple-backed SPAC issuer
Armada Acquisition Corp II
SPAC nearing merger with Evernorth Holdings
JPMorgan
Wall Street institution with XRP ETF holdings
Morgan Stanley
Wall Street institution with XRP ETF holdings
Bank of America
Wall Street institution with XRP ETF holdings
Ripple
Company whose token is XRP
Brad Garlinghouse
CEO of Ripple

↳ Why This Matters

Goldman Sachs' significant investment in XRP ETFs signals increasing institutional adoption of digital assets, potentially driving further price appreciation and legitimizing cryptocurrencies as an investment class. This trend highlights the growing integration of traditional finance with the crypto market.

Key facts

  • Goldman Sachs is now the largest XRP ETF holder with over $86.50 million in disclosed positions.
  • The firm holds shares in Bitwise, Franklin Templeton, Grayscale, Canary, and 21Shares XRP ETFs.
  • Other major financial institutions like JPMorgan, Morgan Stanley, and Bank of America also hold XRP ETFs.
  • XRP has seen a 40% price increase this week, trading at $1.38.
  • Spot XRP ETFs experienced net inflows of $13.24 million on Thursday.

Goldman Sachs has re-established itself as the largest holder of XRP exchange-traded funds, according to its latest Q2 2026 disclosure with the U.S. SEC. The investment firm has built significant exposure across multiple XRP ETFs, with a total position of $86.50 million. These holdings include shares in Bitwise, Franklin Templeton, Grayscale, Canary, and 21Shares XRP ETFs, with increased positions in several of them.

Goldman Sachs also disclosed holdings in Armada Acquisition Corp II, a SPAC that is nearing a merger with Ripple-backed Evernorth Holdings. The re-entry into XRP ETFs by Goldman Sachs, alongside similar disclosures from other Wall Street giants like JPMorgan, Morgan Stanley, and Bank of America, indicates a growing institutional interest in crypto assets, driven by trends in tokenization, treasury management, and cross-border payments.

The renewed institutional inflows have coincided with a significant price rally for XRP. Spot XRP ETFs saw net inflows of $13.24 million on Thursday, contributing to a total assets under management of $1.17 billion and cumulative inflows surpassing $1.53 billion. XRP's price has surged over 22% in the past 24 hours and 40% this week, trading at $1.38. Trading volume has also jumped by 156%, and XRP futures open interest has risen by over 17% to $3.44 billion.

Frequently asked questions

XRP is a digital asset created by Ripple Labs, designed for fast and low-cost international payments and remittances.

XRP ETFs are exchange-traded funds that hold XRP, allowing investors to gain exposure to the cryptocurrency's price movements through traditional brokerage accounts.

Goldman Sachs is a major global financial institution, and its substantial investment in XRP ETFs indicates growing confidence and participation from traditional finance in the cryptocurrency market.

As of the latest report, XRP is trading at $1.38, having seen a significant price increase this week.

What Happens Next

01Evernorth Holdings is expected to complete its merger with Armada Acquisition Corp II.
02Further SEC disclosures will reveal ongoing institutional positioning in XRP ETFs.
CME Headlines
  • Product Modification Summary: Add Offset Eligibility to Bitcoin Futures, Micro Bitcoin Futures, Ether Futures and Micro Ether Futures Contracts — Effective September 14, 2026
    19 Aug · 9:15 PM
  • Amendments to CME Rule 855. (“Offsetting Positions for Different-Sized Contracts”) – Contracts Eligible for Offset Table to Include Bitcoin Futures, Micro Bitcoin Futures, Ether Futures and Micro Ether Futures Contracts
    19 Aug · 7:45 PM

How It Developed

Goldman Sachs has re-entered XRP ETFs and reclaimed the top spot among disclosed institutional holders.
The firm holds $86.50 million in total positions across Bitwise, Franklin Templeton, Grayscale, Canary, and 21Shares XRP ETFs.
Goldman Sachs also disclosed shares in Armada Acquisition Corp II, which is nearing a merger.
Other Wall Street giants like JPMorgan, Morgan Stanley, and Bank of America have also revealed XRP ETF holdings.
Spot XRP ETFs saw net inflows of $13.24 million on Thursday.
XRP price is trading at $1.38, up over 22% today and 40% this week.
XRP futures open interest has increased by more than 17% in the past 24 hours.

Sources

T1
BREAKING: Goldman Sachs Returns as Largest XRP ETF HolderCoinGape

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