Wall Street giants are making their biggest XRP ETF bets yet

Wall Street giants are making their biggest XRP ETF bets yet

Wed, September 2, 2026 at 9:26 PM GMT+3 2 min read

The data, shared by ETF analyst James Seyffart on X, shows institutional investors building meaningful positions even as the token's price cooled from recent highs.

Goldman Sachs leads the list with $87.4 million in exposure, equivalent to about 84 million XRP.

Jane Street Group ranks second with roughly $16.6 million, or just under 16 million tokens. Millennium Management follows closely with $16.2 million in holdings, representing approximately 15.5 million XRP.

Advisors dominate the ownership mix

Across all identified holders, total reported exposure reached $183.5 million, covering about 176.4 million XRP.

Related: XRP active addresses jump 655%, analyst warns of bigger moves

Investment advisors accounted for the largest share at $120.9 million. Hedge fund managers held $25.1 million, brokerages $17.9 million, and banks $14.8 million.

Other names appearing in the filings include Intesa Sanpaolo with $14.4 million and Marex UK Holdings with $8.1 million.

Some firms reduced positions during the quarter, but the overall picture points to growing institutional interest in the regulated XRP products.

Inflows continue despite price pullback

The holdings data arrives as spot XRP ETFs recorded strong weekly inflows. Products attracted more than $110 million in the five days ending Aug 28, their best stretch since late 2025. Cumulative net inflows have climbed to around $1.67 billion, with total net assets near $1.45 billion.

XRP itself has pulled back from multi-month highs near $1.70 and was trading around $1.40 at the time of the disclosures.

The gap between steady ETF demand and softer token price has drawn attention from market watchers tracking the flow of traditional finance capital into the asset.

Related: Nearly 1 billion XRP just vanished from market, and Ripple had nothing to do with it

This story was originally published by TheStreet on Sep 2, 2026, where it first appeared in the MARKETS section. Add TheStreet as a Preferred Source by clicking here.