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Bloomberg Intelligence data compiled as of the 1st shows Goldman Sachs holding roughly $87.4 million in spot XRP ETFs, with Jane Street Group and Millennium Management also appearing among the larger institutional holders. That widens the institutional digital-asset ETF bid beyond BTC and ETH, and incremental primary-market creations deepen XRP spot liquidity and tighten the basis, which is the main channel through which allocator demand reaches price. Treat the positions with care, since Jane Street and multi-strategy funds often carry hedged market-making or arbitrage inventory rather than directional length; the confirmation to watch is sustained net creations in the XRP ETF complex and whether the next 13F cycle shows the stakes growing rather than rotating out.
As a Crypto signal, watch whether it changes price action, volatility, or flows around XRP, BTC, ETH.
Original Source: 블록미디어
This page is market information analysis, not investment advice.
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