Key Takeaways
- Goldman Sachs commands the spot XRP ETF market with more than $153 million invested — roughly 15% of total XRP ETF holdings.
- Ripple is currently trading near $1.38, consolidating between a $1.34 support floor and $1.44 resistance ceiling.
- The XRP Ledger recorded 2.7 million daily transactions, with tokenized real-world assets valued at $461 million on the platform.
- Combined XRP ETF assets total nearly $971 million, distributed among 83 institutional investors.
- Upside breakout past $1.44 could signal a rally toward $1.50, whereas falling below $1.34 might trigger a decline to $1.30–$1.32.
Ripple is maintaining a steady position near $1.38 while traders anticipate the next directional move. For approximately one month, the digital asset has remained confined within a $1.34 to $1.44 trading corridor.
While price movement has been subdued, two notable developments emerged this week: expanding blockchain network activity and newly released reports revealing substantial Wall Street investment in spot XRP exchange-traded funds.
Data from Bloomberg analyst James Seyffart indicates Goldman Sachs has secured the top position among institutional spot XRP ETF investors. The banking giant maintains over $153 million in holdings, accounting for approximately 15% of the combined $971 million total 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 prominent financial institutions have established positions as well. Izzy Englander’s Millennium Management controls $25 million in XRP ETF holdings. Ken Griffin’s Citadel maintains more than $4.5 million. Jane Street Group, Jain Global, and Gallagher Capital Management are among the roster of institutional investors. Collectively, 83 institutions maintain exposure through these investment vehicles.
Wall Street Interest Builds Despite Recent Outflow Trend
XRP ETFs have experienced over $22 million in net redemptions during the current month. This represents the first monthly outflow period since these products debuted. The funds recorded $58 million in net inflows throughout February.
Previous disclosures indicate Goldman Sachs maintains a combined $2.3 billion position across Bitcoin, Ethereum, Solana, and XRP investment products.
Brad Garlinghouse, CEO of Ripple, has outlined ambitious plans for the coming year, emphasizing developments in artificial intelligence integration and payment solutions.
Network Activity on XRP Ledger Accelerates
Blockchain analytics reveal that daily transaction volume on the XRP Ledger has climbed to approximately 2.7 million. The total value of tokenized real-world assets operating on the network has hit 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 benchmarks. XRP momentarily reached $1.44 during one trading session before encountering selling pressure, confirming that price point as near-term overhead 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 continues serving as the critical support threshold. A double-bottom formation has developed on the daily timeframe near $1.3363, which technical analysts interpret as a potentially constructive signal.
Should the price maintain levels above $1.3363, the subsequent major resistance target sits at $1.6703, representing the double-bottom pattern’s neckline. A breakdown beneath $1.34 could initiate movement toward $1.30–$1.32 or potentially the year-to-date minimum of $1.12.
As of March 11, Ripple is changing hands at approximately $1.38 with 83 institutional entities maintaining positions in spot XRP ETF products.
