The opinion of the company Goldman Sachs Group Inc. GS) completely out of Solana (SOL) spot exchange-traded funds (ETFs) in the first quarter of 2026.
According to the bank’s latest Form 13F reservation and the US Securities and Exchange Commission (SEC), issued on May 15, 2026, the bank changed its position in Solana by approximately $108 million. In the first three months of 2026, Goldman Sachs left Grayscale, Bitwise, Fidelity, VanEck, 21Shares, and Franklin Templeton, based on an analysis conducted by Finbold on May 18.
Goldman Sachs left Solana’s position alongside him XRP images properties, such as Finbold report. However, the bank kept Bitcoin (BTCand Ethereum (The price of ETH) position, meaning a calculated move to reduce the risk of unstable altcoins.
Also, the bank’s Bitcoin ETF exposure was about $715 million, down around 10% from the previous quarter. Goldman Sachs’ Ethereum holdings, on the other hand, are down nearly 70% from the previous quarter to about $114 million through BlackRock’s iShares Ethereum Trust (ETHA).
Solana’s price drops as Goldman Sachs pulls out
Solana’s stock price has also shown some upside as Goldman Sachs removed its position. In the past seven days, the price of SOL has fallen by 13%, trading at around $84.31 at the time of publication. Accordingly, the market cap of the brand decreased to approximately $48.8 billion.
A significant change in the Goldman Sachs SOL for the first quarter of 2026 may indicate a decrease in demand from institutional investors. In addition, this altcoin has been locked in sales for several months despite its organic growth in Q1, like Finbold before. he explained.
Therefore, if Goldman Sachs leads investors in other institutions to collect SOL in the next few months, a potential reversal in the bear market could be set in motion. However, if the selling pressure continues, the altcoin could see further upside.
