Amid a Bear Market, Why Is Wall Street Snapping Up XRP Spot ETFs?

▲ XRP (XRP) ETF / ChatGPT-generated image ©

Amid a deepening downturn across the broader digital asset market, spot ETFs for XRP (Ripple) are alone attracting substantial Wall Street capital and maintaining bullish momentum. Despite unfavorable conditions marked by falling prices, both retail and institutional funds are flowing in, signaling the start of a new phase.

According to crypto-focused outlet Bitcoinist on February 13 (local time), XRP has been drawing significant capital through spot ETFs despite continued downward pressure on its price. Market analyst Tokeniser noted on social media platform X that steady inflows into these funds have been observed since January 27, even in an environment of extreme volatility. This reflects strong conviction among traditional financial investors seeking to increase exposure through regulated products while avoiding the risks associated with direct custody.

Over the nine days since January 27, a total of 48.7 million XRP has flowed into four major ETFs. By asset manager, Franklin Templeton added more than 18.9 million XRP, Bitwise accumulated over 17.74 million, Canary Capital secured more than 7.66 million, and 21Shares added over 4.31 million. Analysts view this not as short-term speculation but as a substantial, strategic asset allocation from a long-term perspective.

Experts highlight that this trend is occurring during a lull in retail investor interest. Even as market sentiment has weakened to the point where participants once again mock cryptocurrencies, capital continues to pour in. Tokeniser remarked that the current inflow is already remarkable, adding that if a wave of market euphoria similar to November 2024 were to return, one could only imagine how explosive the scale of inflows might become.

Reflecting this shift, Wall Street giant Goldman Sachs has expanded its exposure through regulated investment vehicles rather than directly purchasing tokens. According to crypto analyst Zaif Crypto, Goldman Sachs disclosed in its fourth-quarter 2025 13F filing that it invested more than $152 million in spot XRP ETFs. This serves as decisive evidence that Wall Street has moved beyond mere observation and entered the stage of actively allocating capital.

Goldman Sachs’ large-scale investment suggests that institutional adoption of XRP within regulated markets has reached a significant milestone. As inflows continue and liquidity deepens, positive outlooks are spreading that XRP is entering a new phase of inclusion in mainstream portfolios within traditional financial markets.

Disclaimer: This article is for investment reference only and the publisher is not responsible for any investment losses incurred based on this content. The information provided should be interpreted for informational purposes only.