Second-quarter 13F filings reveal that major financial institutions, including Goldman Sachs, Jane Street Group, and Millennium Management, have emerged as significant holders of spot XRP Exchange Traded Funds (ETFs). The total reported exposure across these identified holders reached $183.5 million, representing approximately 176.4 million XRP.
According to Bloomberg Intelligence data shared by James Seyffart, Goldman Sachs reported holdings of $87.4 million in spot XRP ETFs, equivalent to 84 million XRP. Jane Street Group held just under 16 million XRP, valued at $16.6 million, while Millennium Management reported approximately $16.2 million in XRP ETFs, comprising 15.5 million XRP. Other notable institutional exposures include $14.4 million from Intesa Sanpaolo and $8.1 million from Marex UK Holdings.
Bloomberg’s compilation further categorizes these holdings. Investment advisors represent the largest segment with $120.9 million in exposure, followed by hedge fund managers ($25.1 million), brokerages ($17.9 million), and banks ($14.8 million). Some institutions adjusted their positions during the quarter; Citadel Advisors saw a reduction of $645,000 in its XRP ETF exposure, and SIG Holdings reported a decrease of approximately $4.6 million.
This growing institutional interest in XRP ETFs is occurring alongside a notable increase in fund inflows. The week ending August 28 saw spot XRP ETFs attract $110.5 million, the strongest five-day inflow since the first week of December 2025, when over $230 million was recorded. Data from SoSoValue shows an additional $5.6 million entered XRP ETFs on August 31, bringing cumulative net inflows to approximately $1.67 billion. Total net assets for these ETFs currently stand at around $1.45 billion.
In contrast to the increasing institutional investment via ETFs, the XRP token itself has experienced price fluctuations. At the time of reporting, XRP was trading near $1.40, following a multi-month high of $1.70 reached last week. Despite a nearly 9% price dip over the past seven days, XRP remains up 28% from a month ago and nearly 40% from two weeks prior. However, its current value is roughly half of that recorded a year ago and approximately 62% below its all-time high of $3.65, set in July 2025.
Analysts are closely monitoring key price levels for XRP. Traders are watching the $1.35 to $1.38 support zone, with a potential for further downside if this level breaks. Analyst Ali Martinez has identified $1.60 as a significant resistance level should XRP attempt a recovery. The 13F filings are mandatory for institutional investment managers overseeing more than $100 million in certain securities, offering a snapshot of their holdings in publicly traded assets like XRP ETFs.
Why This Matters
The materials describe a narrow update: Second-quarter 13F filings revealed that Goldman Sachs, Jane Street Group, and Millennium Management were the largest reported holders of spot XRP ETFs. The exact total exposure of Citadel Advisors is not fully detailed, only the reduction.
Broader Context
Source materials place the factual news in this context: The article is based on Bloomberg Intelligence data shared by James Seyffart on August 31, and SoSoValue data.
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