XRP took center stage as Bitwise delivered a presentation to 400 wealth managers on September 2, 2026. Bitwise research analyst Ryan Rasmussen named XRP as the crypto asset most asked about by the audience. Although Bitwise CIO Matt Hougan and Rasmussen also discussed Bitcoin, Solana, Hyperliquid, stablecoins, and tokenization, XRP still led audience enthusiasm.
Fund managers’ interest does not yet translate to immediate capital allocation. An internal Bitwise poll revealed that 67% of attendees have not yet allocated funds to the crypto market at all. However, investment managers’ outlook is becoming clear: 60% of respondents expect crypto prices to rise by the end of 2026, and another 60% plan to start investing in the crypto sector over the coming year.
As an additional note, Bitwise did not release details regarding company names, assets under management, geographic distribution, or audience data collection methods. The informal poll numbers serve purely as a reflection of market expectations, rather than realized investment demand.
Inflow Streak Cut Short
On public exchanges, daily sentiment toward XRP recently reversed course. US spot XRP ETF products recorded a combined net outflow of $7.2 million on September 2. The fund outflow ended an 11-session streak of consecutive inflows that had lasted since mid-last month.
US spot XRP ETFs attracted approximately $170 million during that 11-day run, according to SoSoValue data. The additional capital pushed total cumulative net inflows for XRP ETF products to around $1.68 billion since their launch in November 2025.
Big Players Lurking Behind the Scenes
The footprint of major institutional money in the spot XRP ETF market has been recorded since the second quarter of 2026. Goldman Sachs held the position as the largest institutional holder of US spot XRP ETFs as of June 30, according to a Bloomberg Intelligence report citing Form 13F filings.
Mandatory quarterly 13F filings record past positions and carry inherent limitations. This data does not specify whether Goldman Sachs’s holdings represent proprietary investments, client funds, hedges, or merely market-making inventory. The curiosity of wealth managers has been noted; it remains to be seen when verbal interest turns into capital allocation. Reported via crypto.news.
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Disclaimer: This article is for informational and educational purposes only, not financial advice. Cryptocurrency assets are highly volatile and carry significant risk. Always do your own research (DYOR) and never invest more than you can afford to lose.
