TLDR
- Wall Street heavyweight Goldman Sachs has emerged as the dominant spot XRP ETF holder with more than $153 million in exposure — roughly 15% of total XRP ETF holdings.
- Ripple’s native token is currently changing hands near $1.38, consolidating within a range bounded by $1.34 support and $1.44 resistance.
- The XRP Ledger is processing approximately 2.7 million daily transactions, while tokenized real-world assets on the platform have reached $461 million.
- Spot XRP ETF products collectively manage nearly $971 million in assets across 83 institutional investors.
- Upside momentum past $1.44 could aim for $1.50, whereas downside pressure below $1.34 may drive the asset toward the $1.30–$1.32 zone.
The XRP token is experiencing a period of consolidation around the $1.38 level as market participants await the next directional catalyst. For approximately one month, the cryptocurrency has remained trapped within a narrow trading channel between $1.34 and $1.44.
While price movement has been limited, two notable developments have emerged this week: accelerating blockchain activity and new disclosures revealing substantial positions in spot XRP ETF products by prominent financial institutions.
Bloomberg’s ETF analyst James Seyffart reports that Goldman Sachs has established itself as the leading institutional investor in spot XRP exchange-traded funds. The investment banking giant commands over $153 million in XRP ETF exposure, accounting for approximately 15% of the nearly $971 million in aggregate assets under management across all XRP ETF offerings.
Who are these buyers/holders? Well we only know a small portion of them because the vast majority don’t file 13Fs. But here are the holders as of 12/31/2025 pic.twitter.com/ymIyy1mobx
— James Seyffart (@JSeyff) March 10, 2026
Goldman Sachs isn’t alone in betting on XRP through ETF vehicles. Millennium Management, the multi-strategy hedge fund led by Izzy Englander, maintains $25 million in XRP ETF holdings. Ken Griffin’s Citadel has allocated over $4.5 million to these products. Additional institutional participants include Jane Street Group, Jain Global, and Gallagher Capital Management. The total institutional investor count stands at 83 firms.
Wall Street Appetite Grows Despite Recent Outflow Trend
XRP exchange-traded funds have experienced net redemptions exceeding $22 million during the current month. This represents the first monthly outflow period since these investment products debuted. By contrast, February saw $58 million in net additions.
Previous disclosures indicate Goldman Sachs maintains a combined $2.3 billion position across cryptocurrency ETFs including Bitcoin, Ethereum, Solana, and XRP funds.
Brad Garlinghouse, CEO of Ripple, has outlined ambitious plans for the company this year, emphasizing developments in artificial intelligence integration and cross-border payment solutions.
Network Activity Shows Upward Trajectory
Blockchain metrics reveal that daily transaction volume on the XRP Ledger has climbed to approximately 2.7 million. Meanwhile, the total value of tokenized real-world assets operating on the network has grown to roughly $461 million.
Transactions on the $XRP ledger are increasing.
In general, in a bear market, investors leave market and transactions decrease.
An increase in transactions is a pattern that before a rally.
The transaction count, which had been declining since December 2024, is now increasing… pic.twitter.com/g7jkYZQWA8
— CW (@CW8900) March 7, 2026
Spot market trading volumes have declined relative to recent benchmarks. During one trading session, XRP briefly tested the $1.44 threshold before encountering selling pressure, confirming this level as a near-term ceiling.
The lower line of the $XRP ascending channel marks the starting point of the uptrend.
This decline has once again touched the lower line.
The subsequent uptrend will likely lead to the top of this cycle. The expected target is the middle line of the ascending channel. pic.twitter.com/wkBKB41V5m
— CW (@CW8900) March 5, 2026
Market technicians are closely monitoring the $1.34–$1.35 region as critical price support. Chart analysis identifies a double-bottom formation on the daily timeframe at approximately $1.3363, which technical traders interpret as a potentially bullish configuration.
Should the price maintain its position above $1.3363, the subsequent upside target lies at $1.6703, representing the neckline of the double-bottom pattern. Conversely, a breakdown beneath $1.34 could trigger a decline toward the $1.30–$1.32 area or potentially the yearly low of $1.12.
As of March 11, XRP is valued at roughly $1.38, with 83 institutional investors maintaining positions in spot XRP ETF products.
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