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Goldman Sachs leads XRP ETF investments as XRP surges 40% with $1.17B assets under management.
Goldman Sachs has become the largest institutional investor in XRP ETFs with $86.5 million spread across five products, re-entering after a previous exit. Other major banks like JPMorgan, Morgan Stanley, and Bank of America also disclosed XRP ETF holdings, signaling growing institutional interest. XRP's price jumped over 40% in a week, trading between $1.31 and $1.38, while spot XRP ETFs attracted $13.24 million in net inflows, pushing total assets to $1.17 billion. Increased trading volume and futures open interest reflect heightened market activity, supported by favorable financial conditions and ongoing institutional developments on the XRP Ledger.
Goldman Sachs has become the largest institutional investor in XRP ETFs with $86.5 million spread across five products, re-entering after a previous exit. Other major banks like JPMorgan, Morgan Stanley, and Bank of America also disclosed XRP ETF holdings, signaling growing institutional interest. XRP's price jumped over 40% in a week, trading between $1.31 and $1.38, while spot XRP ETFs attracted $13.24 million in net inflows, pushing total assets to $1.17 billion. Increased trading volume and futures open interest reflect heightened market activity, supported by favorable financial conditions and ongoing institutional developments on the XRP Ledger.
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