Japanese financial conglomerate SBI Holdings has reported that XRP delivered staggering returns of 987% over the past six years, according to data tracked on its SBI VC Trade platform. The official metrics, covering the three-year window from April 2023 to April 2026, show XRP jumping by 208%, significantly outperforming Ethereum (ETH) which grew by just 31% during the same period. However, Ethereum has outstripped both Bitcoin (BTC) and XRP over the full six-year timeframe, rising more than 2,000% since early 2020.
SBI is leveraging this historical data to promote the dollar-cost averaging (DCA) investment method, urging Japanese investors to mitigate risk through automated purchases. The exchange's Spring Savings Campaign offers uncapped cash-back rewards in Japanese Yen, ranging from 0.5% to 1.5% on accumulated purchase amounts for users who set up automated DCA purchases of at least 10,000 JPY. SBI has deeply integrated XRP into its ecosystem through the SBI Ripple Asia joint venture, which uses XRP-powered ODL for instant, low-cost cross-border remittances.
In parallel, Ripple's latest market overview confirms that US spot XRP ETFs have accumulated $1.53 billion in assets under management and 773 million XRP tokens in custody, less than six months after the first products launched in November 2025. Goldman Sachs disclosed a $153.8 million position across four different XRP ETFs in its Q4 2025 13F filing, distributed across Bitwise's XRP ETF ($40 million), Franklin Templeton's XRPZ ($38.5 million), Grayscale's GXRP ($38 million), and 21Shares' TOXR ($36 million). This makes Goldman Sachs the largest known institutional holder, accounting for roughly 73% of the top 30 institutions' combined exposure of $211 million.
Despite the Goldman milestone, 84% of US XRP ETF assets remain retail-held, compared to 48.8% institutional participation in Solana ETF products. A Coinbase and EY-Parthenon survey of 351 institutional investors found that 25% plan to add XRP to their portfolios in 2026, with 65% citing regulatory clarity as the condition holding them back. The SEC and CFTC jointly classified XRP as a digital commodity in March 2026, and the potential passage of the CLARITY Act could formalize that classification, unlocking institutional capital. Ripple noted that cumulative XRP ETF inflows crossed $1 billion by December 16, 2025 and surpassed $1.5 billion by early March 2026, describing this as among the fastest institutional adoption curves for any digital asset in regulated ETF history.
