Goldman Sachs Q1 Liquidates XRP and Solana ETF Holdings, Still Holds Over $700 Million in Bitcoin ETFs

Odaily Planet Daily News Goldman Sachs significantly reduced its crypto ETF exposure in the first quarter of 2026 and has completely liquidated its holdings in XRP and Solana-related ETFs.

Filings show that in the fourth quarter of 2025, Goldman Sachs held approximately $154 million in XRP-related ETFs, including products from Bitwise, Franklin Templeton, Grayscale, and 21Shares, making it one of the largest institutional holders of XRP ETFs at the time. Additionally, the firm had previously held Solana-related ETFs such as the Grayscale Solana Trust ETF, Bitwise Solana Staking ETF, and Fidelity Solana Fund, all of which have now been exited.

However, Goldman Sachs still maintains significant holdings in BTC and ETH ETFs. Specifically, it holds approximately $690 million in BlackRock's IBIT and about $25 million in Fidelity's FBTC, although both positions have been reduced by roughly 10% from the previous quarter. Meanwhile, its position in BlackRock's ETHA has shrunk by approximately 70%, leaving about 7.2 million shares valued at around $114 million.

Furthermore, Goldman Sachs has increased its holdings in crypto-related stocks such as Circle, Galaxy Digital, Coinbase, Robinhood, and PayPal, while reducing positions in mining and infrastructure companies like Strategy, Bit Digital, Riot Platforms, and IREN. (Cointelegraph)