U.S. spot XRP exchange-traded funds have recorded net inflows for 11 consecutive trading days, drawing in about $170 million over the period. Since their launch last November, cumulative net inflows have reached approximately $1.68 billion. XRP's price stood at $1.33 early Wednesday, down from $1.45 on August 27 but still above the $1 level seen in mid-August. The latest 13F filings reveal Goldman Sachs as the largest institutional holder of XRP ETFs, with $87.4 million, followed by Jane Street and Millennium Management. Investment advisors represent the largest holder category, accounting for about $120 million of the $183 million total disclosed. However, institutional holdings and fund inflows measure different dimensions: the 13F data reflects positions as of June 30, while the continuous inflow streak records new money from late August to early September. The data only covers ETF holdings, not full XRP exposure, and institutions may hedge via futures. The next round of 13F filings is due in November.
US Spot XRP ETFs Extend Inflow Streak to 11 Days
U.S. spot XRP exchange-traded funds have extended their inflow streak to 11 consecutive trading days, pulling in approximately $170 million during that period. Since their debut in November last year, the funds have accumulated roughly $1.68 billion in net inflows.
XRP traded around $1.33 early Wednesday, down from $1.45 on August 27 but still above the $1 level seen in mid-August.
Institutional Holdings: Goldman Sachs Leads, Investment Advisors Dominate
According to the latest 13F filings, Goldman Sachs is the largest institutional holder of XRP ETFs, with $87.4 million. Jane Street and Millennium Management hold $16.6 million and $16.2 million, respectively. Investment advisors form the largest category of holders, accounting for about $120 million of the disclosed $183 million total. Hedge funds hold $25 million, broker-dealers hold $17 million, and banks hold $14 million.
Data Interpretation: Holdings vs. Inflows
It's important to distinguish between the two data sets. The 13F filings capture positions as of June 30, while the consecutive inflow streak records new money flowing in from late August to early September. These figures only reflect ETF holdings, not the full XRP exposure of investors. Institutions like Goldman Sachs may hedge part of their price risk through futures or other derivatives. The next round of 13F filings is scheduled for November.
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