Goldman Sachs Exits $154 Million XRP ETF Position

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: May 19 2026

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Goldman Sachs Background: Goldman Sachs held a $154 million position in XRP ETFs, making it the largest institutional holder at the time; however, its exit drew attention for reasons tied to client needs rather than a bullish outlook on the asset.
Trading Desk Operations: The bank's holdings in XRP and SOL were not traditional investments but were maintained to support client activities such as ETF creation, market-making, and prime brokerage, reflecting routine operations rather than market sentiment.
Client Demand Changes: When redemptions for the XRP ETF outpaced creations, Goldman Sachs' trading desk adjusted its exposure accordingly, which may appear as an exit but is actually a response to shifts in client activity.
Market Impact Analysis: The reduction in Goldman Sachs' ETF exposure does not alter the fundamental case for XRP, as the market remains active with spot ETFs dominating, and the development of institutional infrastructure continues, indicating that one desk's rebalancing does not change the overall landscape.

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Technical Analysis for XRP

Technical Sentiment Analysis for XRP (XRP). As of , XRP (XRP) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 9 technical signals, shows that 5 indicators are flashing buy, while 4 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for XRP stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.

Support, Resistance & Moving Averages. From a structural perspective, XRP is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

XRP (XRP) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.754	0.902	1.07	1.218	1.386	1.534	1.702
Fibonacci	0.902	1.023	1.097	1.218	1.339	1.413	1.534

About XRP

Launched in 2012, the XRP Ledger (XRPL) is an open-source, permissionless and decentralized technology. Benefits of the XRP Ledger include its low-cost ($0.0002 to transact), speed (settling transactions in 3-5 seconds), scalability (1,500 transactions per second) and inherently green attributes (carbon-neutral and energy-efficient). The XRP Ledger also features the first decentralized exchange (DEX) and custom tokenization capabilities built into the protocol. Since 2012, the XRP Ledger has been operating reliably, having closed 70 million ledgers.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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