U.S. Spot XRP ETFs Pull In $1.8 Billion, With Goldman Sachs and Jane Street Among Top Holders

U.S. spot XRP exchange-traded funds have continued to draw steady inflows despite moves in the token’s price, with cumulative net inflows reaching $1.8 billion.

Bloomberg ETF analyst James Seyffart said on Sept. 31 that cumulative net inflows into U.S. spot XRP ETFs now total $1.8 billion. Since launch, overall fund flows have remained mostly positive, he said, adding that the strength of those inflows stands out relative to XRP’s price movement.

Institutional holdings of spot XRP ETFs have also come into focus. Seyffart’s review of second-quarter 13F filings showed Goldman Sachs, Jane Street and Millennium Management among the top holders.

By investor type, advisers accounted for the largest share. In the second quarter, they were both the biggest holders of spot XRP ETFs and the most active group in allocating capital to the products.