Key Takeaways
- Goldman Sachs has emerged as the top institutional holder of spot XRP ETFs, commanding more than $153 million in positions — approximately 15% of total XRP ETF holdings.
- Ripple’s token is currently hovering near $1.38, confined within a range bounded by $1.34 support below and $1.44 resistance above.
- The XRP Ledger processed 2.7 million daily transactions, while tokenized real-world assets on the platform reached $461 million.
- Collective spot XRP ETF assets under management total nearly $971 million, distributed among 83 institutional investors.
- Traders are watching for a breakout above $1.44 targeting $1.50, or a breakdown below $1.34 that could send prices toward $1.30–$1.32.
Ripple’s native token continues to trade in a narrow band near $1.38 as market participants await a decisive directional move. For approximately the past month, the digital asset has remained trapped within a consolidation range spanning $1.34 to $1.44.
While price action has remained subdued, this week brought two notable developments: a surge in blockchain network usage and newly disclosed data revealing substantial positions taken by prominent Wall Street institutions in spot XRP exchange-traded funds.
Data shared by Bloomberg intelligence analyst James Seyffart reveals that Goldman Sachs has positioned itself as the leading institutional investor in spot XRP ETF products. The financial giant’s holdings exceed $153 million, accounting for roughly 15% of the approximately $971 million in combined assets across all available XRP ETF vehicles.
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
Several other heavyweight institutional players have established notable stakes as well. Millennium Management, the multibillion-dollar hedge fund led by Izzy Englander, maintains $25 million in XRP ETF positions. Ken Griffin’s Citadel has accumulated more than $4.5 million in exposure. Additional firms including Jane Street Group, Jain Global, and Gallagher Capital Management appear on the holders list. Collectively, 83 institutional entities now hold stakes in these investment products.
Wall Street Interest Remains Strong Despite Recent Outflows
Despite institutional participation, XRP ETFs have experienced net outflows exceeding $22 million throughout the current month. This represents the first monthly period of negative flows since these products debuted. By contrast, February saw positive inflows totaling $58 million.
According to previous disclosures, Goldman Sachs maintains approximately $2.3 billion in combined exposure across Bitcoin, Ethereum, Solana, and XRP fund products.
Ripple’s chief executive Brad Garlinghouse has outlined ambitious plans for the year ahead, emphasizing strategic initiatives in artificial intelligence and cross-border payment solutions.
Network Usage Shows Upward Trajectory
Blockchain metrics 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 grown 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 activity has declined relative to recent baseline levels. During one trading session, XRP momentarily tested the $1.44 threshold before encountering selling pressure that validated 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 range continues to serve as the critical support zone demanding attention. Chart analysis reveals a double-bottom formation on the daily timeframe near $1.3363, which technical observers interpret as a potentially constructive pattern.
Should the price maintain stability above $1.3363, the subsequent major resistance emerges at $1.6703, representing the neckline of the double-bottom configuration. Conversely, a decline beneath $1.34 could trigger downward momentum toward the $1.30–$1.32 zone, or potentially toward the year-to-date minimum of $1.12.
As of March 11, Ripple’s token is changing hands at approximately $1.38 with 83 institutional entities maintaining exposure through spot XRP ETF products.
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