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Goldman Sachs exits $108M Solana ETF holdings, signaling caution on volatile altcoins in Q1 2026

Market News
18 May 2026
Finbold
View Source
Bearish
Goldman Sachs exits $108M Solana ETF holdings, signaling caution on volatile altcoins in Q1 2026

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.

More News (SOL)

Circle mints 750M USDC on Solana, boosting liquidity and potential SOL demand.

Circle mints 750M USDC on Solana, boosting liquidity and potential SOL demand.

Circle minted 750 million USDC on the Solana blockchain within 24 hours, increasing the stablecoin liquidity on Solana, which holds $7.3–$7.45 billion in native USDC. This surge may signal growing demand for Solana's native token, SOL, though it is u...

Protocol Fundamentals
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4 hours ago
Zcash and Solana emerge as top crypto buys in October amid XRP slowdown

Zcash and Solana emerge as top crypto buys in October amid XRP slowdown

Zcash and Solana are gaining attention as better cryptocurrency buys in October as XRP loses momentum. Zcash benefits from a quantum-resistant security upgrade planned for 2027 and a network upgrade in 2026 that could limit supply and boost confidenc...

Analyst Insights
Bullish
10 hours ago
Solana to cut block times to 200ms with final SIMD-0525 upgrade stage Friday

Solana to cut block times to 200ms with final SIMD-0525 upgrade stage Friday

Solana plans to activate the last phase of its SIMD-0525 validator upgrade on Friday, reducing target slot times from 250 milliseconds to 200 milliseconds. This change will increase the block production rate to five slots per second, doubling the ori...

Protocol Fundamentals
Neutral
11 hours ago
Solana to halve block production time to 200ms on Oct 9, doubling transaction speed.

Solana to halve block production time to 200ms on Oct 9, doubling transaction speed.

Solana is set to activate the final stage of a network upgrade on October 9, reducing block production time from 400 milliseconds to 200 milliseconds. This change will double the block production frequency, allowing for five blocks per second instead...

Protocol Fundamentals
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11 hours ago
Solana (SOL) drops sharply after failing to break $121, triggering $1B in futures liquidations.

Solana (SOL) drops sharply after failing to break $121, triggering $1B in futures liquidations.

Solana (SOL) experienced a sharp decline after failing to surpass the $121 resistance level, with trading volumes increasing by 65% to nearly $5 billion. This sell-off led to over $1 billion in long futures liquidations, indicating strong market pres...

Technical Signals
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11 hours ago
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