Goldman Sachs Exits XRP And Solana ETF Positions In Q1 2026 Filing

Goldman Sachs exited its XRP and Solana exchange-traded fund positions during the first quarter of 2026, according to a Form 13F filing with the US Securities and Exchange Commission.

TipRanks said Goldman Sachs “completely exited its $154 million XRP ETF holdings” and pivoted toward crypto infrastructure investments, while CoinMarketCap reported “No XRP-linked ETF positions appeared in its Q1 2026 filing.”

@coindesk

CoinMarketCap also said Goldman Sachs had held nearly $154 million in XRP-related ETFs from Bitwise, Franklin Templeton, Grayscale, and 21Shares as of Dec. 31, 2025, and that its Solana-linked ETF positions also disappeared in the latest filing.

Across the same Q1 2026 disclosures, Goldman Sachs retained significant exposure to Bitcoin and Ethereum products, with CoinMarketCap citing approximately $690 million in BlackRock’s iShares Bitcoin Trust ETF and around $25 million in the Fidelity Wise Origin Bitcoin Fund, while cutting its iShares Ethereum Trust position by about 70% to approximately $114 million.

The shift was also described as a rebalancing away from newer altcoin ETF products, with CoinMarketCap noting that both XRP and Solana ETFs launched in the second half of 2025.

Crypto Briefing said Goldman Sachs raised its Bitcoin call options stake, with the bank’s IBIT exposure reaching about 41 million shares in the first quarter of 2026 and call options rising to 6.8 million shares.

In the same account, Crypto Briefing said Goldman Sachs held 16.3 million puts, framing the options activity as a “hedged but increasingly bullish tilt toward Bitcoin.”

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TradingView similarly described the filing as “XRP, SOL Out, ETH Down 70%, Hyperliquid In,” tying the altcoin exits to a new position opened in Hyperliquid Strategies (PURR) of roughly 654,630 shares valued at about $3.3 million.

TradingView also said Goldman Sachs cut its Ethereum ETF exposure by about 70%, bringing it to approximately $114 million, while still holding roughly $700 million in Bitcoin ETFs.

Crypto Briefing added that Goldman Sachs initiated a new 2.5 million-share investment in BlackRock’s iShares Stake Ethereum Trust while simultaneously increasing stakes in Circle, Galaxy Digital, and Coinbase.

The filings were presented as a signal of how major institutional asset managers are positioning across digital-asset investment products, with Cointelegraph saying quarterly 13F filings are “closely watched by crypto investors.”

“Goldman Sachs Exits XRP, Solana ETFs in First Quarter, Trims Bitcoin and Ether Holdings Forecast Trend Report by Period Goldman Sachs reduced its holdings of cryptocurrency exchange-traded funds in the first quarter, exiting XRP and Solana-related ETFs and trimming its Bitcoin and Ether positions”

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Cointelegraph reported that Goldman Sachs no longer reported any holdings in Solana-linked ETFs and that it had previously disclosed positions in the Grayscale Solana Trust ETF (GSOL), the Bitwise Solana Staking ETF (BSOL), and the Fidelity Solana Fund (FSOL).

Cointelegraph also said Goldman Sachs held about $690 million in BlackRock’s iShares Bitcoin Trust ETF (IBIT) and another $25 million in the Fidelity Wise Origin Bitcoin Fund (FBTC), even after reducing both positions by roughly 10% during the quarter.

On Ethereum, Cointelegraph said Goldman Sachs cut its position in the iShares Ethereum Trust (ETHA) by about 70%, leaving it with roughly 7.2 million shares valued at around $114 million.

In crypto equities, Cointelegraph said Goldman Sachs increased its exposure led by a 249% jump in Circle Internet Group (CRCL) and a 205% rise in Galaxy Digital (GLXY), while also adding to positions in Coinbase Global (COIN), Robinhood Markets (HOOD), and PayPal Holdings (PYPL).