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Goldman Sachs exits XRP and Solana ETFs, cuts Ether exposure, holds $700M in Bitcoin ETFs amid crypto market shifts.

Market News
18 May 2026
Bitcoin
View Source
Neutral
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In Q1 2026, Goldman Sachs exited its XRP and Solana ETF positions and reduced its Ether ETF holdings by 70%, signaling a shift in its crypto strategy amid market volatility. Despite these cuts, the bank maintained a strong position in Bitcoin ETFs, holding about $700 million, and increased investments in crypto infrastructure companies like Coinbase and Circle. This move reflects a broader institutional trend to focus on Bitcoin and crypto infrastructure rather than a wide range of altcoins. Goldman Sachs' strategy highlights Bitcoin's role as the preferred institutional crypto asset and a move toward more durable investments during uncertain market conditions.

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