Ripple’s latest market overview confirms that US XRP ETFs have accumulated $1.53 billion in assets under management and 773 million XRP in stock, while Goldman Sachs leads all institutional owners with a $153.8 million position spread across four different funds.
Summary
- US spot XRP ETFs have reached $1.53 billion in AUM and 773 million XRP in stock less than six months after launching the first products in late 2025.
- Goldman Sachs disclosed a $153.8 million position in four XRP ETFs in its Q4 2025 13F filing, making it the largest known institutional holder and accounting for about 73% of the 30 institutions’ combined exposure.
- Despite Goldman’s milestone, 84% of US XRP ETF holdings remain traded, compared to 48.8% of institutional participation in Solana ETF products.
Ripple’s April 17 institutional data report confirms that US XRP ETFs have accumulated $1.53 billion in assets under management and 773 million XRP tokens in stock, less than six months after the initial product launch in November 2025. Yahoo Finance reported that Goldman Sachs disclosed its 153 million positions in TF02 Q4. The 13F filing, spread across Bitwise’s XRP ETF at about $40 million, Franklin Templeton’s XRPZ at $38.5 million, Grayscale’s GXRP at $38 million, and 21Shares’ TOXR at $36 million.
XRP ETF Institutional Holders Led by Goldman’s Intentionally Diversified Stake
Goldman did not focus its XRP ETF position on a single product. The share is distributed among four different issuers, a structure that Ripple’s report describes as reflecting a deliberate, long-term institutional strategy rather than a strategic trading position. Of the top 30 institutional holders who collectively control just over $211 billion in XRP ETF exposure, Goldman accounts for about 73% of that amount. As reported by crypto.news, Bloomberg analysts noted that Goldman’s position may reflect the assistance function of the trading desk rather than a direct bet aimed directly at XRP, an important difference when assessing whether the disclosure reflects the real confidence of the institution or the need for a structural product. The Q1 2026 13F filing, due in May, will reveal that the bank has held a position on the decline in XRP’s price from a January peak of over $2.40 to the current range near $1.44.
The Selling Gap That Defines the XRP ETF Market
Despite the Goldman article, Ripple’s data shows that 84% of the XRP ETF’s domestic assets are owned by retail investors, a figure that is in stark contrast to the Solana ETF products where institutional participation reaches 48.8%. As crypto.news has written, XRP ETFs have pulled in $55.39 million in the strongest week of 2026, their best one-week performance on record, and funds have not recorded a single day of outflows since April 9. That sales-driven demand has supported the flow of inflows, but it also means that the issue of institutional acquisitions is in the foreground than Goldman suggests. A survey by Coinbase and EY-Parthenon of 351 institutional investors found that 25% plan to add XRP to their portfolios by 2026, with 65% citing regulatory clarity as a factor holding them back.
What the Law CLARIFIES in the Next Section
Passage of the CLARITY Act would transform that stated institutional purpose into a potential funding allocation. As crypto.news tracked, Goldman’s disclosure in February 2026 was the first time the bank placed XRP alongside Bitcoin, Ethereum, and Solana in a planned product holding, a time limit Ripple described as strengthening XRP’s position in the institutional allocation debate. The SEC and CFTC jointly classified XRP as a digital asset in March 2026, and if the CLARITY Act formalizes that classification into law, the 65% of institutional investors currently awaiting regulatory clarification will have a legal framework to move from target to use.
Ripple noted that combined XRP ETF inflows exceeded $1 billion by December 16, 2025 and exceeded $1.5 billion by early March 2026, a pace described as one of the fastest institutional adoption curves for any digital asset in the ETF’s regulated history.
