Analysis: Goldman Sachs's $152 million XRP ETF holdings did not boost the price, and XRP may face a 50% decline risk

MarsBitNews · 2026-03-28T14:40:25+00:00

Goldman Sachs becomes the largest institutional investor, holding approximately $152 million in spot XRP ETF. Despite strong confidence, XRP has recently underperformed, and technical analysis indicates there may be up to 50% downside potential, with significant short-term correction risk.

MarsBitNews

2026-03-28 14:40:25

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Mars Finance news, according to Cointelegraph, despite Goldman Sachs disclosing that it holds an approximately $152 million spot XRP ETF position, making it the largest institutional investor in the space, XRP’s performance has still remained weak recently. According to the disclosed information, Goldman Sachs currently holds four XRP ETF products, including: Bitwise XRP ETF (about $39.8 million), Franklin XRP Trust (about $38.5 million), Grayscale XRP ETF (about $38.0 million), and 21Shares XRP ETF (about $35.9 million), accounting for roughly 73% of the total holdings of the top 30 institutional investors. However, market sentiment remains cautious. Technically, XRP has formed a bearish flag breakdown pattern, suggesting potential downside of about 50%. Analysts believe that although institutional allocation reflects long-term confidence, XRP still faces a relatively high risk of near-term adjustment amid macro pressure and weakening fund flows.

XRP1,35%

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