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Goldman Sachs exits Solana and XRP ETFs, cuts Bitcoin and Ethereum ETF holdings in Q1 reshuffle.

Market News
19 May 2026
Benzinga
View Source
Bearish
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Goldman Sachs sold all its holdings in Solana and XRP exchange-traded funds (ETFs) in the first quarter, exiting positions it had acquired only the previous quarter. The bank also reduced its stakes in Bitcoin and Ethereum ETFs, trimming its iShares Bitcoin Trust ETF shares from 20.685 million to 17.985 million and cutting its iShares Ethereum Trust ETF stake by nearly 70%. However, it opened a new position in the iShares Staked Ethereum Trust ETF. This shift reflects Goldman Sachs' strategic reallocation within cryptocurrency ETFs amid market volatility and evolving investment priorities.

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