In Q1 2026, Goldman Sachs fully exited its $108 million Solana ETF holdings, also reducing XRP and Ethereum positions while maintaining Bitcoin exposure. This move reflects a strategic shift to lower risk from volatile altcoins amid ongoing selling pressure on Solana, which saw its price drop over 13% recently. The exit may indicate waning institutional demand for Solana, though a potential rebound could occur if buying interest returns. The bank's actions highlight cautious sentiment in the crypto market's current macro bear phase.
Digital asset investment products experienced $1.07 billion in outflows last week, driven mainly by geopolitical tensions related to Iran. Bitcoin led withdrawals with $982 million leaving its products, while Ethereum saw $249 million in outflows, it...
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...
Solana (SOL) is positioned as a strong buy in 2026 at its current price of $84, with a projected short-term target of $100, offering a 19.05% upside. This optimism is driven by the upcoming Alpenglow consensus upgrade, which will drastically reduce t...
A Solana crypto trader who staked 21,911 SOL for two years earned $145,000 in rewards but still faced a net loss of $1.05 million due to a 64% price drop from its $294 peak in January 2025. Despite Solana's competitive 5.86% staking APY and instituti...
Bitcoin dropped below $77,000 following $290.4 million in net outflows from Bitcoin ETFs, while Ethereum ETFs saw $65.7 million in outflows. Meme coins' market cap fell 3.2% to $35.5 billion in 24 hours. Traders warn Bitcoin is near a critical suppor...
