Key Takeaways
- Goldman Sachs has emerged as the dominant holder of spot XRP ETFs, controlling over $153 million in positions — approximately 15% of total XRP ETF holdings.
- Ripple is currently trading near $1.38, consolidating within a defined range bounded by $1.34 support and $1.44 resistance.
- The XRP Ledger has recorded 2.7 million daily transactions, while tokenized real-world assets on the platform have reached $461 million.
- Total assets under management in XRP ETFs stand at nearly $971 million, distributed among 83 institutional investors.
- Technical outlook suggests a breakout above $1.44 could signal a move toward $1.50, while failure to hold $1.34 may trigger declines to $1.30–$1.32.
Ripple is maintaining a relatively stable position around the $1.38 level as traders anticipate the next directional move. For approximately one month, the cryptocurrency has been confined within a narrow trading corridor between $1.34 on the downside and $1.44 on the upside.
While price movement has been subdued, two significant developments have emerged this week: a notable increase in network activity and new disclosures revealing substantial Wall Street investment in spot XRP exchange-traded funds.
Data reported by Bloomberg’s James Seyffart indicates that Goldman Sachs has become the dominant institutional player in spot XRP ETF holdings. The financial giant’s exposure exceeds $153 million, accounting for roughly 15% of the approximately $971 million total held in XRP ETF vehicles.
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
Several other prominent financial institutions have established notable positions. Izzy Englander’s Millennium Management holds $25 million worth of XRP ETF exposure. Ken Griffin’s Citadel has accumulated more than $4.5 million. Additional holders include Jane Street Group, Jain Global, and Gallagher Capital Management. Collectively, 83 institutional entities maintain exposure to these investment products.
Institutional Interest Expands Despite Recent Outflow Trend
XRP ETFs have experienced net outflows exceeding $22 million during the current month. This represents the first period of negative flows since these products debuted. By comparison, they attracted $58 million in net inflows throughout February.
According to previous disclosures, Goldman Sachs maintains approximately $2.3 billion in combined positions across Bitcoin, Ethereum, Solana, and XRP fund products.
Ripple’s CEO Brad Garlinghouse has outlined ambitious plans for the coming year, emphasizing developments in artificial intelligence integration and payment solutions.
Network Activity on XRP Ledger Intensifies
Blockchain analytics 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 deployed on the network has expanded to around $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 volume has declined relative to recent benchmarks. XRP momentarily tested the $1.44 level during a recent session before encountering selling pressure, confirming this price point as a near-term barrier.
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
The $1.34–$1.35 range continues to function as the critical support zone. Daily chart analysis shows a double-bottom formation developing near $1.3363, which technical analysts interpret as a potentially constructive bullish signal.
Should the price maintain stability above $1.3363, the subsequent resistance target emerges at $1.6703, representing the neckline of the double-bottom configuration. Conversely, a breakdown beneath $1.34 could trigger downward pressure toward the $1.30–$1.32 area or potentially the year-to-date low of $1.12.
As of March 11, Ripple is changing hands at approximately $1.38 with 83 institutional investors maintaining positions in spot XRP ETF products.
Get 3 Free Stock Ebooks
Discover top-performing stocks in AI, Crypto, and Technology with expert analysis.
- Top 10 AI Stocks - Leading AI companies
- Top 10 Crypto Stocks - Blockchain leaders
- Top 10 Tech Stocks - Tech giants
