Goldman Sachs throws Altcoin ETFs out of its portfolio: XRP and Solana completely sold

•Goldman Sachs no longer holds XRP and Solana ETF shares in its portfolio
•Bitcoin ETF holdings were reduced by around ten percent and Ethereum ETF holdings by around 70 percent
•The released capital was reallocated into shares of companies such as Circle, Coinbase and Galaxy Digital

Complete withdrawal from XRP and Solana

Goldman Sachs made significant changes to its positions in crypto ETFs in the first quarter of 2026. As shown in the 13F filing with the electronic disclosure system of the US Securities and Exchange Commission (SEC) dated May 15, 2026, the institution no longer holds a single XRP ETF in its portfolio. This ends a commitment that, according to BTC-ECHO, amounted to around $154 million at the end of 2025 and made Goldman Sachs the world’s largest institutional XRP holder at the time. All shares in Solana ETFs were also completely liquidated during the reporting period.

Bitcoin and Ethereum also scaled back

Goldman Sachs also reduced its core exposure to established cryptocurrencies over the course of the first quarter. The holdings in BlackRock’s iShares Bitcoin Trust were reduced by around ten percent. The decline was significantly greater for the iShares Ethereum Trust: According to BTC-ECHO, the bank reduced its shares here by around 70 percent. At the same time, investments in mining companies were reduced. Positions in BitMine, Bit Digital and Riot shrank, and shares in Strategy were also sold.

Shifting into crypto stocks

Goldman Sachs did not completely withdraw the freed-up capital from the digital investment segment. Instead, according to BTC-ECHO, there was a reallocation into stocks of companies directly related to crypto, including Circle, Galaxy Digital, Coinbase, Robinhood and PayPal. The portfolio restructuring occurred during a quarter in which Goldman Sachs posted very strong results overall. According to the quarterly report dated April 13, 2026, the institution achieved a net profit of $5.63 billion on net sales of $17.23 billion in the first quarter of 2026. Earnings per diluted share were $17.55 and the annualized return on equity was 19.8 percent.

Jonas Vogt, editorial team at finanzen.net

Selected leverage products on Bit Digital,

With knock-outs, speculative investors can participate disproportionately in price movements. Simply select the lever you want and we will show you suitable open-end products on Bit Digital,

The leverage must be between 2 and 20

Advertising