Global investment bank Goldman Sachs is the largest holder of XRP ETFs, according to the latest data from Bloomberg Intelligence. The firm is holding a staggering $153.8 million worth of exposure as of March 2026. Millennium Management LLC, headquartered in New York, is the second biggest holder with $23 million in exposure.
The development suggests that institutional interest in XRP ETFs is growing, marking the next wave in crypto investments. It also signals increasing confidence in digital assets by traditional banks and funds. Goldman Sachs’ entry into XRP ETFs brings trust back in the broader cryptocurrency market, which is currently lacking.
Also Read: 2 Reasons Why Current XRP Price Is as Discounted as It Gets
XRP ETFs: Retail Investors vs Institutional Funds Like Goldman Sachs and Others
While retail investors are skeptical about taking an entry position in XRP due to the market downturn, Goldman Sachs has made a significant investment in the ETF. The Ripple’s native token remains stagnant in the charts with little to no price spurts. It has shed close to 35% in value over the past year and is struggling to climb above the $1.50 range.
This is making retail investors avoid XRP and look at other assets that can deliver the results. The Ripple’s token peaked at $3.65 last year and has only been moving south since then. It is now down nearly 63% from its all-time high, with fears now brewing of it falling below the $1 range. However, Goldman Sachs clients are confident that the XRP ETFs could generate the desired profits.
This could be a massive signal to retail traders that Goldman Sachs’s confidence in the digital asset could bring back the positive momentum. However, the Israel-Iran-US conflict is making traders skeptical as the offensive stance is escalating. This is putting off the majority of investors as the downside will have no cushioning during times of crisis.
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