Goldman Sachs fully liquidated its XRP and Solana (SOL) spot ETF positions in Q1 2026, according to a 13F filing with the US Securities and Exchange Commission.
Goldman Sachs Exits XRP, SOL ETFs in Q1 Rebalancing
19 May 2026 - 09:29 CEST
By Oihyun Kim
The bank held nearly $154mn across four XRP ETF products - from Bitwise, Franklin Templeton, Grayscale, and 21Shares - making it one of the largest institutional holders as recently as late 2025.
Solana exposure, spread across Grayscale, Bitwise, and Fidelity products, was also zeroed out entirely.
The bank retained roughly $690mn in Bitcoin ETFs and approximately $114 million in Ethereum ETFs, though the latter was trimmed by about 70% quarter-on-quarter, the filing shows.
Capital appears to be rotating into crypto infrastructure plays. Goldman increased its stakes in Circle, Galaxy Digital, and Coinbase, and opened a new $3.3mn position in Hyperliquid Strategies (PURR), signalling a tilt toward DeFi and stablecoin-related exposure over direct altcoin bets.
