Goldman Sachs Leads XRP ETFs with $87.45 Million
Among the declared institutional holders of XRP ETFs in the second quarter of the year, Goldman Sachs was in first place. The banking institution showed exposure of $87.45 million as of June 30, well ahead of Jane Street and Millennium Management. In total, the identified banks held $183.5 million in stakes. These figures confirm the integration of XRP products on Wall Street, without necessarily indicating that these firms are directly anticipating a rise in the cryptocurrency.
Goldman Sachs dominates institutional positions with $87.45 million in declared XRP ETF holdings.
Jane Street and Millennium Management complete the podium, far behind the American bank.
The 13F filings do not prove a bullish bet by institutions on XRP.
XRP ETFs continue their progress, with nearly $1.48 billion in net assets.
Institutional positions remain a minority, representing around 12.4% of the net assets of XRP ETFs.
Goldman concentrates nearly half of the known positions
While inflows into XRP ETFs reach a historic record, the statistics come from 13F forms. These filings make it possible to count various positions held by U.S. managers overseeing at least $100 million in eligible assets.
The ranking of the five main banks reveals the advantage taken by Goldman Sachs:
Goldman Sachs held $87.45 million in XRP ETF stakes;
Jane Street took second place with $16.64 million;
Millennium Management followed with $16.20 million;
Intesa Sanpaolo declared exposure of $14.42 million;
Marex UK Holdings completed the group with $8.12 million.
$XRP
$GOLD.US
$SAND
#Goldman
Among the declared institutional holders of XRP ETFs in the second quarter of the year, Goldman Sachs was in first place. The banking institution showed exposure of $87.45 million as of June 30, well ahead of Jane Street and Millennium Management. In total, the identified banks held $183.5 million in stakes. These figures confirm the integration of XRP products on Wall Street, without necessarily indicating that these firms are directly anticipating a rise in the cryptocurrency.
Goldman Sachs dominates institutional positions with $87.45 million in declared XRP ETF holdings.
Jane Street and Millennium Management complete the podium, far behind the American bank.
The 13F filings do not prove a bullish bet by institutions on XRP.
XRP ETFs continue their progress, with nearly $1.48 billion in net assets.
Institutional positions remain a minority, representing around 12.4% of the net assets of XRP ETFs.
Goldman concentrates nearly half of the known positions
While inflows into XRP ETFs reach a historic record, the statistics come from 13F forms. These filings make it possible to count various positions held by U.S. managers overseeing at least $100 million in eligible assets.
The ranking of the five main banks reveals the advantage taken by Goldman Sachs:
Goldman Sachs held $87.45 million in XRP ETF stakes;
Jane Street took second place with $16.64 million;
Millennium Management followed with $16.20 million;
Intesa Sanpaolo declared exposure of $14.42 million;
Marex UK Holdings completed the group with $8.12 million.
$XRP
$GOLD.US
$SAND
#Goldman
