Finbold
2026-05-18 15:20:25

Goldman Sachs exits XRP ETF

Banking giant Goldman Sachs has fully exited its positions in several cryptocurrency -focused exchange-traded funds ( ETFs ) amid subdued performance by the products. In its latest 13F filing with the U.S. Securities and Exchange Commission, the investment banking giant dumped its stakes in XRP – and Solana ( SOL )-related ETFs. The filing shows Goldman Sachs liquidated its holdings in multiple XRP-linked ETFs after previously holding roughly $154 million worth 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 companies 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 Staking ETF, and Fidelity Solana Fund, marking a broad retreat from alternative cryptocurrency ETF exposure. Goldman Sachs broader cryptocurrency holding Despite the reduction in XRP and Solana holdings, the bank continues to maintain significant exposure to Bitcoin ( BTC ) ETFs. Goldman Sachs still holds approximately $690 million in BlackRock’s IBIT and around $25 million in Fidelity Investments’ FBTC, although both positions declined by about 10% from the previous quarter. The filing also revealed a sharp reduction in Ethereum ( ETH ) ETF exposure. Goldman Sachs cut its holdings in BlackRock’s ETHA ETF by roughly 70%, leaving about 7.2 million shares valued at approximately $114 million. At the same time, the bank increased its investments in crypto-related equities, adding to positions in Circle Internet Group, Galaxy Digital, Coinbase, Robinhood Markets, and PayPal. Meanwhile, it reduced holdings in crypto mining and infrastructure firms, including Strategy, Bit Digital, Riot Platforms, and IREN. The post Goldman Sachs exits XRP ETF appeared first on Finbold .

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