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Goldman Sachs exits XRP and Solana ETFs but keeps Bitcoin exposure amid crypto ETF slump

Market News
18 May 2026
Finbold
View Source
Bearish
pluang ai news

Goldman Sachs has fully sold off its holdings in several cryptocurrency ETFs focused on XRP and Solana, following weak performance of these products. The bank liquidated about $154 million in XRP-linked ETFs and exited Solana-related funds, signaling a retreat from alternative crypto ETFs. However, Goldman Sachs still maintains significant investments in Bitcoin ETFs, holding around $715 million combined, despite a slight reduction. The firm also cut Ethereum ETF exposure by 70% but increased stakes in crypto-related equities like Coinbase and PayPal, showing a strategic shift within its crypto portfolio.

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