XRPUSD traded at $1.37 after a 3.5% decline in the last 24 hours, shrugging off Goldman Sachs’ disclosure of exposure to spot XRP exchange-traded funds (ETFs). Goldman Sachs disclosed $152.17 million in spot XRP ETF holdings across four funds, making it the largest institutional holder in this segment. The $3.5 trillion asset manager has spread its exposure across four funds: $39.8 million in Bitwise XRP ETF, $38.5 million in Franklin XRP Trust, $38 million in Grayscale XRP ETF, and $35.9 million in 21Shares XRP ETF. Goldman isn’t alone.
Its allocation accounts for roughly 73% of the about $211 million held by the top 30 institutional investors in XRP ETFs, according to James Seyffart. XRP bear pennant breakdown underway. XRP price broke down from its prevailing bear pennant when it dropped below the lower trend line of the pattern at $1.40 on Thursday. The price could retest the lower trend line as new resistance, a move that could confirm the breakdown.
The measured target of the bear pennant is $0.72, roughly 48% below the current price. A break below $1.27 would suggest that the bears are still in control, fueling a drop toward $1. Declining XRP volatility hints at a sharp price move next. The 30-day Realized Volatility sits near 0.5266, the lowest level for 2026, while the Volatility Z-Score is -0.9048, reflecting a decline in volatility compared to the historical average.
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