Nobody is talking about who is quietly buying crypto while retail is panicking.


Bloomberg Intelligence released the 13F filings for Spot $XRP and $Sol ETFs.
The names will surprise you.
Goldman Sachs holds $153 million in XRP exposure. The same Goldman Sachs that called Bitcoin a fraud in 2017 is now the single largest institutional holder of XRP ETF.
Goldman also holds $107 million in Solana. Second largest holder after Electric Capital.
Morgan Stanley is in Solana with $15 million. Citadel is in both XRP and Solana. Millennium Management who just lost $1.5 billion on oil last week still has $23 million in XRP.
And Jane Street. As always Jane Street is everywhere. XRP exposure. Solana exposure. DRW Securities, Flow Traders, The market makers never left crypto. They just got quieter.
Here is what this data is really telling you.
They are not trading this. They are accumulating it.
13F filings are quarterly reports. These institutions had to hold these positions for months before disclosure. This is not a reaction to recent events. This is a long term strategic position.
Goldman Sachs does not buy $153 million of anything without a very clear thesis.
That is the difference between institutions and everyone else.
XRP1.38%
SOL0.56%
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