Banking services giant Goldman Sachs She was completely out of position on several occasions Cryptocurrency– Exchange traded funds (ETFs) amid poor performance by products.
In its latest form 13F filing With the US Securities and Exchange Commission investment The banking giant divests its stake in… XRP-And Solana (Sol)-related ETFs.
The filing shows that Goldman Sachs liquidated its holdings in several XRP-related ETFs after previously holding approximately $154 million of the products in the fourth quarter of 2025.
At the time, the bank was among the largest institutional holders of XRP-related ETFs, with exposure spread across products offered by firms including Bitwise, Franklin Templeton, Grayscale Investments and 21Shares.
Goldman Sachs also exited its positions in Solana-related investment products, including the Grayscale Solana Trust ETF, Bitwise Solana Scking ETF, and Fidelity Solana Fund, representing a broad retreat from exposure to alternative crypto ETFs.
Goldman Sachs’ broader holding of cryptocurrencies
Despite the decline in XRP and Solana holdings, the bank continues to maintain significant exposure to Bitcoin (Bitcoin) ETFs. Goldman Sachs still holds roughly $690 million in IBIT from BlackRock and about $25 million in FBTC from Fidelity Investments, although both positions were down about 10% from the previous quarter.
The filing also revealed a sharp decline in Ethereum (Ethereum) Exposure to ETFs. Goldman Sachs cut its holdings in BlackRock’s ETHA ETF by roughly 70%, leaving about 7.2 million shares worth roughly $114 million.
At the same time, the bank increased its investments in cryptocurrency-related stocks, adding to its positions in Circle Internet Group, Galaxy Digital, Coinbase, Robinhood Markets and PayPal.
At the same time, it reduced its holdings in cryptocurrency mining and infrastructure companies, including Strategy, Bit Digital, Riot Platforms and IREN.
