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Goldman Sachs cuts $1B in Bitcoin, Ethereum, XRP, Solana but boosts Hyperliquid in Q1 2026.

Market News
20 May 2026
Finbold
View Source
Neutral
pluang ai news

In Q1 2026, Goldman Sachs reduced its holdings in Bitcoin, Ethereum, XRP, and Solana by over $1 billion, fully exiting XRP and Solana positions while cutting Ethereum by 88% and Bitcoin by 33%. Meanwhile, the bank increased its stake in Hyperliquid, a digital asset treasury firm, by $3.3 million, attracted by growing institutional demand and Hyperliquid's dominant 43% fee market share. This shift highlights Goldman Sachs' strategic move toward assets with strong decentralized trading potential amid a bearish crypto market.

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