These Wall Street Giants Are the Biggest Holders of Spot XRP ETFs

Goldman Sachs, Jane Street Group, and Millennium Management were the three largest reported holders of spot XRP ETFs in second-quarter 13F filings, according to Bloomberg Intelligence data shared by James Seyffart on August 31.

The filings show that institutional exposure has grown alongside a sharp increase in XRP ETF inflows, even as the Ripple token itself has pulled back from its August highs.

Advisors Dominate XRP ETF Holdings

Bloomberg’s compilation puts Goldman Sachs well ahead of other reported holders, with $87.4 million in ETF exposure representing 84 million XRP. Jane Street followed with just under 16 million XRP, worth $16.6 million, while Millennium Management held 15.5 million tokens valued at about $16.2 million.

Intesa Sanpaolo ranked fourth with $14.4 million in exposure, followed by Marex UK Holdings at $8.1 million. Citadel Advisors also appeared in the filing data, although its XRP exposure fell by $645,000. But SIG Holdings recorded a much larger reduction, with its reported XRP exposure down by roughly $4.6 million.

… Continue reading the full article at the original source below.