XRP Steals the Spotlight at a 400-Person Wealth Summit

XRP was the most asked-about cryptocurrency at a Bitwise presentation to roughly 400 wealth managers on September 2, overtaking Bitcoin, Solana, and stablecoins in audience questions. The interest comes as US-listed XRP ETFs have pulled in approximately $1.8 billion in cumulative net inflows since their November 2025 launch, according to SoSoValue data as of early September 2026.

67% of Wealth Managers Have Not Yet Allocated

Bitwise's internal survey of the attendees found 67% do not currently allocate client portfolios to cryptocurrency. Yet 60% expected crypto prices to finish 2026 higher, and the same proportion said they planned to make allocations within one year. That gap between conviction and action suggests a wave of advisory-driven buying that has not yet materialised. The presentation also covered Bitcoin, Solana, Hyperliquid, stablecoins, and tokenization, but XRP drew the most follow-up questions.XRP ETFs recorded 11 consecutive sessions of net inflows through September 1, totalling roughly $170 million during the streak, per SoSoValue data accessed on September 2. The run ended on September 2 with approximately $7.2 million in net outflows, according to the same SoSoValue tracker on that date.

Goldman Sachs Leads Disclosed ETF Holdings

"XRP was the most asked about throughout the presentation. A lot of interest," Ryan Rasmussen, research analyst at Bitwise, posted on X after the event. Institutional filings reinforce the trend.Q2 2026 13F disclosures show Goldman Sachs held approximately $87.4 million in XRP ETF positions as of June 30, up $83.1 million from the prior quarter, according to Bloomberg Intelligence data compiled by KuCoin.The bank had held roughly $153.8 million at the end of 2025 before largely liquidating the position in Q1, though the $83.1 million quarter-over-quarter increase implies a small residual stake of approximately $4.3 million survived into March, rather than a complete exit. The Q2 rebuild nonetheless represents a notable reversal.Jane Street disclosed $16.6 million, and Millennium Management disclosed $16.2 million. Goldman's holdings spanned products from Bitwise, Franklin Templeton, Canary Capital, Grayscale, and 21Shares.

The Advisory Channel Changes the Buyer Profile

XRP's ETF-driven inflows have so far been powered by self-directed retail and quantitative desks. A shift toward advisory-allocated capital would change the holding pattern: wealth managers rebalance quarterly and tend to hold positions for years, not weeks. If even a fraction of the 67% who have not yet allocated move into XRP ETFs, the resulting flows would be structurally stickier than the trading-desk volumes that built the first $1.68 billion. The next signal to watch is Q3 13F filings, due in November, which will reveal whether Goldman Sachs added to its position or trimmed it after the Q2 build. XRP traded at $1.37 on September 2, down approximately 3% over the preceding 24 hours according to CoinGecko data. XRP is gaining traction among wealth managers who have not yet made their first crypto allocation, according to Bitwise's event data.  The practical implication is timing: 60% of surveyed managers plan to allocate within a year, and Goldman Sachs went from zero to $87.4 million in XRP ETF exposure in a single quarter. Investors tracking XRP flows should monitor Q3 13F filings in November for confirmation of whether institutional accumulation is accelerating or plateauing.