Goldman Sachs Discloses Over $152 Million in XRP Holdings
- Goldman Sachs Group reported net holdings of $152,167,948 in four spot XRP ETFs.
- The firm remains the largest institutional holder of spot XRP ETFs.
- Total net inflows into spot XRP ETFs reached $1.21 billion.
- XRP’s trading price fell by over 2.50%, currently at $1.38.
- XRP futures open interest increased by 1.62%, now at $2.53 billion.
Despite broader market pressures, Goldman Sachs’ clients maintained significant positions in XRP ETFs, contributing to a total asset management of $995.72 million. The ongoing interest in XRP is reflected in the recent partnership between Ripple and the Singapore central bank for cross-border trade settlements.
Goldman Sachs’ substantial holdings highlight its dominance in the XRP ETF market, with over $152 million held across various funds.(Source)
