TLDR
- Goldman Sachs has emerged as the dominant holder of spot XRP ETFs, commanding more than $153 million in exposure — approximately 15% of total XRP ETF holdings.
- XRP currently hovers near $1.38, consolidating between a key support zone at $1.34 and resistance at $1.44.
- The XRP Ledger processed 2.7 million daily transactions, while tokenized real-world assets on the network reached $461 million.
- Total assets under management in XRP ETFs stand at nearly $971 million, distributed across 83 institutional holders.
- A successful breach above $1.44 could propel prices toward $1.50, whereas a failure at $1.34 support may trigger a decline to $1.30–$1.32.
Ripple is currently changing hands near $1.38 as market participants anticipate the next directional move. The digital asset has remained confined within a narrow trading range for approximately one month, oscillating between $1.34 and $1.44.
While price action remains subdued, two significant developments have emerged this week: accelerating on-chain network activity and newly released data revealing substantial positions taken by prominent Wall Street institutions in spot XRP ETF products.
Bloomberg ETF analyst James Seyffart reports that Goldman Sachs has secured the position as the largest institutional stakeholder in spot XRP exchange-traded funds. The banking giant maintains exposure exceeding $153 million, accounting for approximately 15% of the $971 million aggregate value 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 financial institutions have established notable positions. Millennium Management, the hedge fund managed by Izzy Englander, maintains $25 million in XRP ETF holdings. Ken Griffin’s Citadel has accumulated over $4.5 million in exposure. The list of institutional participants includes Jane Street Group, Jain Global, and Gallagher Capital Management among others. Collectively, 83 institutional entities hold stakes in these investment vehicles.
Institutional Appetite Strengthens Despite Recent Outflows
XRP exchange-traded funds have experienced net outflows exceeding $22 million during the current month. This represents the inaugural period of negative flows since these products commenced trading. The funds recorded $58 million in net inflows throughout February.
According to previous disclosures, Goldman Sachs maintains a combined $2.3 billion position across Bitcoin, Ethereum, Solana, and XRP fund products.
Brad Garlinghouse, CEO of Ripple, has outlined ambitious plans for the company this year, emphasizing initiatives in artificial intelligence integration and payment solutions.
Network Activity on XRP Ledger Surges
Blockchain analytics indicate that daily transaction volume on the XRP Ledger has climbed to approximately 2.7 million. Meanwhile, the aggregate value of tokenized real-world assets operating on the network has expanded 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 volume has contracted below recent historical averages. XRP momentarily tested the $1.44 level during a recent trading session before encountering selling pressure, confirming this price point 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 constitutes the critical support zone demanding attention. A double-bottom formation has materialized on the daily timeframe around $1.3363, which technical analysts interpret as a potentially constructive bullish configuration.
Should the price maintain stability above $1.3363, the subsequent notable resistance emerges at $1.6703, marking the neckline of the double-bottom structure. A breakdown beneath $1.34 could catalyze movement toward the $1.30–$1.32 range or potentially the year-to-date minimum of $1.12.
As of March 11, XRP is exchanging hands at approximately $1.38 with 83 financial institutions maintaining exposure through spot XRP ETF investment products.
