Goldman Sachs not reported XRP-linked ETF holdings in its Q1 2026 Kind 13F, according to the filing particulars cited within the report.
Abstract
- Goldman’s Q1 filing eliminated XRP and Solana ETF holdings after main fourth-quarter altcoin positions totally.
- The financial institution nonetheless held Bitcoin and Ether ETFs, although each allocations fell through the quarter.
- Latest stories present institutional ETF demand stays blended as Mubadala added extra IBIT exposure too.
The financial institution had ended This fall 2025 with practically $154 million throughout XRP merchandise from Bitwise, Franklin Templeton, Grayscale and 21Shares.
The change marks a quick reversal from its earlier altcoin ETF transfer. crypto.information reported in April that U.S. spot XRP ETFs had reached $1.53 billion in property, whereas Goldman Sachs was the most important recognized institutional holder with $153.8 million unfold throughout 4 funds.
Bitcoin and Ether exposure stays smaller
Goldman Sachs nonetheless held Bitcoin ETF exposure on the finish of Q1. The financial institution reported about $690 million in BlackRock’s iShares Bitcoin Belief and round $25 million in Constancy’s Smart Origin Bitcoin Fund, even after lowering each positions by roughly 10%.
Its Ether ETF place additionally fell. Goldman minimize its BlackRock iShares Ethereum Belief holding by about 70%, leaving roughly 7.2 million shares valued close to $114 million. The transfer got here as crypto.information reported that Ethereum ETFs noticed $255.11 million in outflows through the week ending Could 15.
Moreover, the financial institution didn’t depart crypto-linked markets totally. It raised exposure to a number of public corporations tied to digital property, together with Circle, Galaxy Digital, Coinbase, Robinhood and PayPal. That blend offers Goldman exposure to buying and selling, funds and stablecoin-linked enterprise strains.
On the identical time, Goldman decreased stakes in a number of mining and infrastructure names, together with BitMine, Bit Digital and Riot Platforms. It additionally minimize positions in Technique and IREN. The filing factors to a cleaner concentrate on listed corporations with clearer income strains than some mining-heavy names.
Institutional ETF demand stays divided
The transfer doesn’t imply Wall Road has stepped away from crypto ETFs. crypto.information reported that Abu Dhabi’s Mubadala raised its BlackRock Bitcoin ETF place 16% to $565.6 million in Q1, including about 2 million IBIT shares throughout the identical reporting interval.
Goldman’s personal crypto exercise additionally stays broader than one filing. Reuters reported in April that Goldman Sachs filed for a Bitcoin ETF product designed to offer Bitcoin exposure and revenue from choices trades.
Nonetheless, 13F filings carry limits. The SEC discover says it has “not essentially reviewed” the filing, so the information reveals reported positions at quarter-end, not present holdings or intent.
