XRP ETFs Extend Inflow Streak to 11 Sessions as Institutional Holdings Reach $183 Million

XRP ETFs attract $170 million in 11 consecutive trading sessions as Goldman Sachs leads disclosed institutional holdings.

U.S. spot XRP exchange-traded funds have recorded net inflows for 11 consecutive trading sessions, attracting about $170 million during the streak despite XRP retreating from its late-August highs. The continued demand marks a sustained period of institutional interest in the newly launched investment products.

The funds attracted another $14.38 million on Tuesday, bringing cumulative net inflows since their launch last November to about $1.68 billion, according to a report published by CoinDesk citing SoSoValue data. Franklin Templeton’s XRP ETF recorded the largest inflow on Tuesday at $6.63 million, followed by Grayscale with $4.72 million.

XRP ETF Demand Holds Despite Price Pullback

The current inflow streak began on Aug. 18 and has continued as XRP moved through a volatile period. The token was trading around $1.33 early Wednesday, down from approximately $1.45 on Aug. 27 but still above the roughly $1 level seen in mid-August.

Despite the sustained demand, XRP’s ETF flows remain modest compared with Bitcoin. U.S. spot Bitcoin ETFs attracted $2.26 billion over six sessions in late August alone, exceeding the total amount accumulated by XRP ETFs since their launch.

Source: CoinDesk Data

Goldman Sachs Leads Disclosed Institutional Holdings

Goldman Sachs was the largest disclosed institutional holder of XRP ETFs at the end of the second quarter, with approximately $87.4 million in exposure, based on Bloomberg Intelligence data compiled from 13F filings.

However, the size of Goldman’s position does not necessarily represent a direct long-term corporate bet on XRP. The holdings could have resulted from activities including market-making, basis trading or facilitating client orders through wealth-management operations.

Jane Street ranked second among disclosed holders with $16.6 million, followed by Millennium Management at $16.2 million.

Investment Advisers Dominate Reported XRP ETF Exposure

The filings showed investment advisers as the largest holder category, accounting for approximately $120 million of the $183 million disclosed across the filings. Hedge funds reported about $25 million, while brokerages held $17 million and banks approximately $14 million.

Investment advisers also accounted for most of the quarterly increase. Their reported holdings climbed by about $90 million, compared with a $103 million increase across all categories.

The institutional holdings data and recent ETF inflows represent different periods. The 13F filings reflect positions held as of June 30, while the latest inflow streak tracks new capital entering XRP funds during late August and early September.

The next round of institutional disclosures will provide a clearer picture of how professional investors’ XRP ETF positions have changed following the recent inflow streak.

Writer: Marcus Renfield

Crypto Market Analyst & Onchain Writer

Marcus Renfield covers cryptocurrency markets with a focus on onchain data, Bitcoin price action, and emerging market narratives. His writing examines how capital flows, network activity, and broader market structure influence short- and medium-term trends.

He aims to provide clear, data-informed analysis for readers seeking a deeper understanding of crypto market dynamics.