Goldman Sachs Rebalances Crypto Exposure: XRP, SOL | Crypto News
Wall Street giant Goldman Sachs has made a notable shift in its crypto-related exchange-traded (ETF) fund positions, according to a latest submitting submitted to the US Securities and Exchange Commission (SEC).
The update exhibits the firm exiting XRP- and Solana (SOL)-linked ETF publicity, while also trimming its Ethereum (ETH) ETF holdings. At the same time, the submitting exhibits it opened a new place tied to one of the biggest decentralized exchanges (DEXs).
Goldman Sachs Exits XRP And Solana ETFs
The story begins with Goldman’s XRP ETF publicity going into the end of This autumn 2025. At that level, the bank held almost $154 million value of XRP-related ETFs from issuers including Bitwise, Franklin Templeton, Grayscale, and 21Shares.
Those holdings made Goldman Sachs one of the biggest institutional holders of XRP ETF merchandise at the time. The latest SEC disclosure, however, exhibits that its XRP ETF positions have been eliminated fully, reflecting a full exit during the first quarter.
The same change seems with Solana-linked merchandise. Goldman Sachs had beforehand disclosed that it held publicity across a number of Solana investment merchandise, including the Grayscale Solana Trust ETF, the Bitwise Solana Staking ETF, and the Fidelity Solana Fund.
However, just like XRP, those Solana-related ETF positions also disappeared in Goldman’s Q1 submitting. In other phrases, Goldman totally exited both XRP- and Solana-linked ETF holdings by the first quarter of 2026, with no remaining hint of those positions in the up to date portfolio disclosure.
Even with these exits, Goldman Sachs didn’t depart the crypto ETF space fully. The firm still held roughly $700 million in Bitcoin ETFs. Still, its posture toward Ethereum was more cautious: Goldman cut its Ethereum ETF publicity by about 70%, bringing the full down to roughly $114 million.
New Bet On Hyperliquid
What makes the change more fascinating is that Goldman Sachs seems to be redeploying at least some of that capital into other elements of the crypto market.
Alongside the ETF reductions and exits, the bank opened a new place tied to Hyperliquid (HYPE). According to the submitting, Goldman acquired roughly 654,630 shares of Hyperliquid Strategies (PURR), valued at about $3.3 million.
Beyond Hyperliquid, Goldman Sachs’ trading exercise also exhibits a new wave of publicity across a number of crypto-linked equities. The bank elevated positions in Circle (CRCL), Galaxy (GLXY), and Coinbase (COIN) shares.
At the time of writing, Hyperliquid’s native token, HYPE, was trading at around $45. It has been one of the best-performing tokens over the past month, with positive aspects of 10% in the last two weeks alone.
Featured image created with OpenArt, chart from TradingView.com
Stay up to date with the latest trending crypto news! Visit our web site daily for the freshest Crypto news and content, rigorously curated to keep you informed.
