Key Takeaways
- Goldman Sachs has re-established itself as the top institutional XRP ETF investor with $86.50 million distributed across five different ETF products.
- Major financial institutions including JPMorgan, Morgan Stanley, and Bank of America revealed XRP ETF positions in their Q2 2026 regulatory filings.
- XRP spot ETFs attracted $13.24 million in net inflows on Thursday, bringing total assets under management to $1.17 billion.
- The XRP token has gained more than 40% over the past week, currently trading between $1.31 and $1.38, with daily volume surging 156%.
- Open interest in XRP futures contracts increased by over 17% to reach $3.44 billion, with CME experiencing a 35% uptick.
In a significant development for cryptocurrency institutional adoption, Goldman Sachs has reclaimed the position of largest XRP ETF holder according to its Q2 2026 regulatory disclosure filed with the U.S. Securities and Exchange Commission. After completely divesting from XRP ETF positions in the previous quarter, the investment banking giant has re-entered with an $86.50 million allocation distributed across five distinct ETF products.
Goldman’s portfolio encompasses positions in products from Bitwise, Franklin Templeton, Grayscale, Canary, and 21Shares. Specifically, the firm holds 2,208,949 shares of the Bitwise XRP ETF, 2,238,407 shares of Franklin’s XRPZ product, and 1,759,090 shares of Canary’s XRPC offering.
Additionally, Goldman reported holdings of 806,126 TOXR shares and 377,619 shares of Grayscale’s GXRP fund. Prior to its exit, the investment bank’s XRP ETF position was valued at approximately $152 million.
The filing also revealed that Goldman holds 365,976 shares of XRPN through Armada Acquisition Corp II, a special purpose acquisition company backed by Ripple-connected Evernorth Holdings, which is pursuing a Nasdaq exchange listing.
Wall Street’s Growing XRP Appetite
Goldman Sachs isn’t the only major financial institution entering the XRP ETF space. JPMorgan, Morgan Stanley, and Bank of America each disclosed XRP ETF positions in their Q2 2026 regulatory filings. This coordinated movement suggests increasing acceptance of XRP-linked investment vehicles among established financial institutions.
Market analysis from Coin Bureau highlighted on social platforms that XRP experienced a remarkable 40% surge within five days, climbing from below $1.00 to approach $1.40. Their research indicated that large-scale investors accumulated more than 300 million XRP tokens during the 96-hour period preceding the rally’s start. They also emphasized that the $0.98 price level had historically served as a launching point before XRP’s 2024 climb to its record high near $3.65.
On Thursday, spot XRP ETF products recorded $13.24 million in net positive flows. Bitwise commanded the largest share with $9.9 million in inflows, while Franklin attracted $3.34 million. The combined assets under management for all spot XRP ETFs now stands at $1.17 billion, with aggregate inflows surpassing $1.53 billion.
XRP Market Performance and Trading Metrics
XRP is presently trading in the range of $1.31 to $1.38, representing approximately 22% gains for the day and 39–40% growth over the week. The 24-hour price range extended from $1.16 to $1.43.
Trading activity has intensified with volume increasing 156% during the past 24 hours. Open interest in XRP futures contracts surged more than 17% to reach $3.44 billion. CME futures open interest jumped 35%, while Binance experienced a 15% rise and Hyperliquid recorded a 29% increase.
The wider cryptocurrency market rally has been partially attributed to the U.S. Treasury’s bond buyback program, which decreased yields and created more favorable financial conditions.
An initiative to introduce institutional lending capabilities to the XRP Ledger — involving Clearpool, Cicada Partners, and Ripple serving as a capital provider — was announced previously and continues to develop.
