Key Takeaways
- Goldman Sachs commands the top position among spot XRP ETF holders, controlling more than $153 million in exposure — approximately 15% of total XRP ETF assets.
- XRP maintains trading activity near $1.38, consolidating between the $1.34 support level and $1.44 resistance zone.
- The XRP Ledger processes 2.7 million daily transactions, while hosting $461 million worth of tokenized real-world assets.
- Total XRP ETF assets reach nearly $971 million, distributed among 83 institutional holders.
- Price movement above $1.44 may drive toward $1.50, while a decline past $1.34 could lead to testing the $1.30–$1.32 range.
XRP continues steady trading near $1.38 as market participants anticipate the next directional move. Price action has remained confined within a tight range for approximately one month, bounded by $1.34 on the lower end and $1.44 on the upper side.
While price movement remains muted, two developments capture attention this week: expanding on-chain network activity and newly released data revealing substantial positions taken by prominent Wall Street institutions in spot XRP ETF products.
Bloomberg analyst James Seyffart reports that Goldman Sachs holds the largest institutional stake in spot XRP ETFs. The investment bank maintains over $153 million in exposure, accounting for roughly 15% of the approximately $971 million total assets held 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
Several other major financial institutions have established positions as well. Millennium Management, led by Izzy Englander, maintains $25 million in XRP ETF exposure. Citadel, headed by Ken Griffin, holds more than $4.5 million. Additional firms including Jane Street Group, Jain Global, and Gallagher Capital Management appear on the holders list. Altogether, 83 institutions maintain exposure to these investment products.
Institutional Positions Expand While ETF Inflows Experience Reversal
XRP ETFs have experienced more than $22 million in asset withdrawals during the current month. This represents the first period of net outflows since these funds became available for trading. February saw $58 million in net additions.
Earlier reports indicate Goldman Sachs maintains $2.3 billion across combined Bitcoin, Ethereum, Solana, and XRP fund holdings.
Ripple CEO Brad Garlinghouse has outlined the company’s ambitious plans for the year ahead, emphasizing artificial intelligence and payments infrastructure.
XRP Ledger Network Activity Expands
On-chain metrics reveal daily transaction volume on the XRP Ledger has climbed to approximately 2.7 million. Tokenized real-world assets residing on the network have grown to around $461 million in value.
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 compared to recent benchmarks. XRP momentarily reached $1.44 during a trading session before encountering selling pressure, confirming that level continues to act as near-term resistance.
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 area continues serving as the critical support zone. Daily chart analysis reveals a double-bottom formation around $1.3363, which technical analysts interpret as a potentially constructive price structure.
Maintaining price action above $1.3363 positions the next significant resistance at $1.6703, representing the neckline of the double-bottom formation. A breakdown beneath $1.34 would potentially trigger movement toward $1.30–$1.32 or the year-to-date minimum of $1.12.
As of March 11, XRP trades at approximately $1.38 with 83 institutional entities maintaining exposure through spot XRP ETF products.
