The oldest, most established investment bank on Wall Street is quietly buying a kind of coin—one that isn’t Bitcoin.
An XRP spot ETF launched 11 days ago has seen net inflows of about $170 million. Among the institutional seats with the most holdings, sitting there is Goldman Sachs.
Think about this scene: on one side, retail investors are still arguing over whether XRP counts as a security and whether it could go to zero; on the other, Wall Street’s top-tier investment banks treat it as an asset to be added into portfolios. What you think of as a “shanzhai controversy coin” is entirely different on institutional ledgers.
Now the question: since Goldman has already moved in, should ordinary people follow along—or should they be wary of the “institutional sucker buyer” narrative? Drop your thoughts in the comments about your position logic. #ETF #XRP #cryptocurrency
An XRP spot ETF launched 11 days ago has seen net inflows of about $170 million. Among the institutional seats with the most holdings, sitting there is Goldman Sachs.
Think about this scene: on one side, retail investors are still arguing over whether XRP counts as a security and whether it could go to zero; on the other, Wall Street’s top-tier investment banks treat it as an asset to be added into portfolios. What you think of as a “shanzhai controversy coin” is entirely different on institutional ledgers.
Now the question: since Goldman has already moved in, should ordinary people follow along—or should they be wary of the “institutional sucker buyer” narrative? Drop your thoughts in the comments about your position logic. #ETF #XRP #cryptocurrency