Goldman Sachs exits XRP ETF


To the bank giant Goldman Sachs he has come out of his several places crypto currency-exchange-traded funds (ETFs) Central to product performance.

Its latest 13F delivery and the US Securities and Exchange Commission, the money the banking giant lost its money XRP images— and Solana (SOL) related to ETFs.

The filing shows that Goldman Sachs has halted its investments in several XRP-linked ETFs after holding assets worth about $154 million in the fourth quarter of 2025.

At the time, the bank was one of the largest ETFs related to XRP, appearing in all products offered by companies including Bitwise, Franklin Templeton, Grayscale Investments, and 21Shares.

Goldman Sachs also divested its positions in Solana-related investment products, including the Grayscale Solana Trust ETF, the Bitwise Solana Staking ETF, and the Fidelity Solana Fund, reflecting the ETF’s flight.

Goldman Sachs has many cryptocurrency investments

Despite the reduction of XRP by Solana Holdings, the bank continues to show a strong presence in Bitcoin (BTCETFs. Goldman Sachs still has about $690 million in BlackRock’s IBIT and about $25 million in Fidelity Investments’ FBTC, though both positions are down about 10% from last quarter.

The write-up also showed a significant decline in Ethereum (The price of ETH) ETF exposure. Goldman Sachs cut its stake in BlackRock’s ETHA ETF by about 70%, leaving about 7.2 million shares worth about $114 million.

At the same time, the bank increased its investments in crypto-related products, adding positions to Circle Internet Group, Galaxy Digital, Coinbase, Robinhood Markets, and PayPal.

Meanwhile, it has reduced holdings in crypto mining and infrastructure companies, including Strategy, Bit Digital, Riot Platforms, and IREN.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *