Goldman Sachs becomes biggest XRP ETF holder as funds record only nine red days
Summary
Despite a significant downturn in the broader crypto market, where Bitcoin dropped about 45% from its peak, spot XRP ETFs have accumulated over $1.4 billion in net inflows since their early November 2025 launch, according to Bloomberg Intelligence analyst James Seyffart. Goldman Sachs emerged as the largest holder among the top 30 holders, owning nearly $154 million of the $211 million in shares held by that group at the end of 2025. Analyst Eric Balchunas noted this performance is impressive given the market drawdown, suggesting it is driven by dedicated XRP supporters rather than casual retail investors. Furthermore, data indicates limited selling pressure, with XRP ETFs recording only nine days of net outflows since inception.
(Source:Crypto Briefing)