Q2 Filings Show Investment Advisers Top XRP ETF Holders
Investment advisers have emerged as the dominant holders of U.S. spot XRP exchange-traded funds, according to second-quarter regulatory filings, as the products have attracted cumulative net inflows of approximately $1.6 billion. The data reveals a significant institutional embrace of the cryptocurrency-linked investment vehicles, with Goldman Sachs leading individual firms. Second-quarter 13F filings, which disclose holdings for large institutional investors, show that investment advisers held and allocated the most capital to spot XRP ETFs during the period, far outpacing hedge funds and brokerages. This composition suggests the inflows are largely driven by buy-and-hold client portfolios.
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