Key Highlights
- Goldman Sachs commands the top position among spot XRP ETF holders with exposure exceeding $153 million, representing approximately 15% of total XRP ETF assets.
- XRP currently trades near $1.38, consolidating within a defined range bounded by $1.34 support and $1.44 resistance.
- The XRP Ledger processes 2.7 million daily transactions, hosting $461 million worth of tokenized real-world assets.
- Total assets under management across XRP ETFs approach $971 million, distributed among 83 institutional holders.
- Price movement above $1.44 resistance could establish $1.50 as the next target, whereas a breach below $1.34 may drive prices toward the $1.30–$1.32 zone.
XRP maintains a steady position near $1.38 while market participants anticipate the next directional move. Price action has remained confined to a narrow band for approximately one month, oscillating between $1.34 and $1.44.
While price movement remains subdued, two significant developments have emerged this week: accelerating on-chain activity and newly released data revealing substantial positions taken by prominent Wall Street institutions in spot XRP ETFs.
Data shared by Bloomberg analyst James Seyffart identifies Goldman Sachs as the leading institutional participant in spot XRP ETFs. The investment banking giant maintains exposure surpassing $153 million, accounting for roughly 15% of the approximately $971 million total 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
Additional heavyweight institutions have established positions in the space. Millennium Management, led by Izzy Englander, maintains $25 million in XRP ETF exposure. Ken Griffin’s Citadel holds exposure exceeding $4.5 million. Jane Street Group, Jain Global, and Gallagher Capital Management appear among the holders. Collectively, 83 institutional entities maintain exposure to these investment vehicles.
Institutional Participation Expands as ETF Flows Turn Negative
XRP ETFs have experienced net outflows exceeding $22 million during the current month. This represents the initial monthly period of negative flows since these products launched. February saw inflows totaling $58 million.
Earlier data indicates Goldman Sachs maintains $2.3 billion in combined holdings across Bitcoin, Ethereum, Solana, and XRP investment products.
Brad Garlinghouse, CEO of Ripple, has outlined ambitious plans for the year ahead, emphasizing initiatives in artificial intelligence and payment solutions.
XRP Ledger Demonstrates Rising Network Utilization
Blockchain metrics reveal daily transaction volume on the XRP Ledger has climbed to approximately 2.7 million. Tokenized real-world assets deployed on the network have reached a valuation near $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 reached $1.44 during a trading session before encountering selling pressure, confirming this level 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 requiring attention. Daily chart analysis reveals a double-bottom formation near $1.3363, which technical analysts interpret as a potentially constructive signal.
Maintaining price action above $1.3363 positions the next significant resistance at $1.6703, corresponding to the double-bottom pattern’s neckline. A breakdown beneath $1.34 could initiate movement toward the $1.30–$1.32 region 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.
