Goldman Sachs Discloses $86.5M in XRP ETF Holdings After Q1 Exit

Goldman Sachs Rebuilds XRP ETF Exposure

Goldman Sachs has re-entered the XRP spot ETF market, disclosing roughly $86.5 million in combined holdings across five funds in its quarterly Form 13F filing with the SEC. The filing, dated August 14 and covering positions as of June 30, shows the bank rebuilding exposure it had liquidated the previous quarter. Goldman had been the largest institutional holder of XRP spot ETFs in Q4 2025 with $153.8 million, then exited entirely in Q1 2026. The renewed positions span Franklin Templeton’s XRP trust, Bitwise, Canary Capital, 21Shares and Grayscale, with Bitwise’s fund carrying the largest valuation at about $25.8 million. The 13F, covering 14,070 positions worth roughly $1.15 trillion in aggregate, is a point-in-time snapshot and does not reflect intra-quarter trades. The move signals a shift back toward altcoin ETF exposure at one of Wall Street’s largest banks.

$1.50 Ceiling in Focus

XRP has staged a massive multi-week recovery, gaining more than 47% in seven days to test a stubborn resistance zone around $1.50. Chart analyst Dom, known on X as @traderview2, identifies this level as the decisive barrier XRP must clear to unlock its next major advance toward the $1.80 range. With relatively thin resistance visible in higher-order books, traders are monitoring whether aggressive spot buying can drive a sustainable breakout rather than another short-lived spike. Dom notes that before the August capitulation, the price briefly jabbed above $1.50 to sweep liquidity but failed to establish structural acceptance. The recent daily candle printed a long upper wick, reflecting strong buying interest that tapped sell-side liquidity above the level before price pulled back to digest the move. Whether a weekly close above $1.50 can convert the zone into support now dominates the near-term setup.

XRP’s history at this juncture is one of repeated failure. The cryptocurrency has attempted to breach and hold above the $1.50 threshold on at least four separate occasions this year, with February, March, April and May attempts each met by immediate rejection and a subsequent downtrend. Before the recent capitulation phase, XRP spiked briefly through the level only to sweep liquidity and roll over, underscoring the need for structural acceptance rather than an intraday break. The capitulation ultimately carried price to the Value Area Low near the $1.00 mark in early August, ending a prolonged bear-market phase. The recovery that followed was sharply V-shaped, with an almost vertical expansion candle driving price back into the overhead resistance zone. With the token now pulling back to digest gains, the four-month rejection history remains the primary argument for caution at these levels.

Clarity Act Vote Looms as XRP Cools

Fresh from a rejection at the $1.70 handle, XRP is consolidating in a tight band between $1.45 support and $1.51 resistance, with the daily pivot near $1.49. The token touched $1.70 on August 22, its highest print since January, still far below its all-time high, before the rally unwound as Bitcoin stalled near $80,000 and dropped below $76,000, triggering a market-wide leverage flush that dragged XRP and other altcoins down with it. Daily RSI reached roughly 80, a deeply overbought reading, even as volume cooled from last week’s peak. Crypto researcher Ripple Bull Winkle posted on X that the structure remains intact and called the setback “a reset, not a reversal.” The next potential catalyst is the Clarity Act, which could reach a Senate vote in mid-September. Passing it, analysts argue, would ease regulatory uncertainty, potentially reviving spot volume and allowing XRP to clear $1.70 and challenge $2, then $3. Conversely, a clean break below $1.45 opens the 0.382 Fibonacci support at $1.35–$1.40.

$1.4255 Support Holds the Bullish Case

COINOTAG’s proprietary 42-indicator composite scoring engine rates the immediate $1.4997 resistance at 55/100, drawing on the 0.236 Fibonacci retracement, the upper Bollinger Band and overbought RSI readings, while the stronger $1.6184 ceiling scores 63/100 on R2 and 0.114 Fibonacci confluence. Downside support at $1.4255 ranks highest at 79/100, underpinned by the ATR lower band, the 0.382 Fibonacci level and a low-volume node. Derivatives data show a long/short ratio of 2.87, with 74.1% of accounts long, while perp funding sits at 0.0045%, leaving positioning crowded on the bullish side. With the Fear & Greed Index at 73 (Greed) and RSI at 81.32, XRP is vulnerable to an overbought flush; the bullish thesis holds while spot at $1.4856 stays above $1.4255, and a daily close below that level would invalidate it, exposing the $1.3434 support next.