US funding financial institution Goldman Sachs sharply diminished its publicity to cryptocurrency exchange-traded funds (ETFs) within the first quarter of 2026.
No XRP-linked ETFs appeared in Goldman Sachs’ Q1 Form 13F submitting with the US Securities and Alternate Fee.
In its Q42025 13F submitting, Goldman Sachs reported holding almost $154 million value of XRP-related ETFs from Bitwise, Franklin Templeton, Grayscale and 21Shares.
Goldman Sachs was the biggest institutional holder of XRP-related ETFs as of Dec. 31, 2025. Supply: James Seyffart
Quarterly 13F filings are carefully watched by crypto traders as a result of they supply a uncommon look into how main institutional asset managers are allocating capital throughout digital-asset funding merchandise. The financial institution pulled again from XRP merchandise, at the same time as broader institutional interest in digital-asset ETFs remains intact.
Early pullback from new crypto ETFs
Goldman Sachs now not reported any holdings in Solana-linked ETFs both.
The financial institution beforehand disclosed positions in Solana-linked ETFs, together with the Grayscale Solana Belief ETF (GSOL), the Bitwise Solana Staking ETF (BSOL) and the Constancy Solana Fund (FSOL).
Each XRP- and Solana-linked ETFs launched in late 2025, when issuers started rolling out a brand new wave of crypto funds past Bitcoin (BTC) and Ether (ETH).
Solana ETFs began buying and selling in late October 2025, with further funds rolling out in November. The primary spot XRP ETFs hit the market in mid-November as issuers raced to deliver new altcoin merchandise to traders.
Goldman Sachs trims Bitcoin ETF publicity, however nonetheless holds greater than $700 million
Whereas now not reporting ETF publicity to XRP and Solana, Goldman Sachs continued to carry vital positions in Bitcoin and Ether ETFs, together with fairness tied to crypto corporations.
The financial institution held about $690 million in BlackRock’s iShares Bitcoin Belief ETF (IBIT) and one other $25 million within the Constancy Clever Origin Bitcoin Fund (FBTC), even after lowering each positions by roughly 10% through the quarter.
Goldman Sachs additionally reduce its place within the iShares Ethereum Belief (ETHA) by about 70%, leaving it with roughly 7.2 million shares valued at round $114 million.
Associated: JPMorgan piles into BlackRock’s Bitcoin ETF in Q1 2026
In crypto equities, Goldman Sachs elevated its publicity to a number of names, led by a 249% bounce in Circle Web Group (CRCL) and a 205% rise in Galaxy Digital (GLXY), whereas additionally including to positions in Coinbase International (COIN), Robinhood Markets (HOOD) and PayPal Holdings (PYPL) through the quarter.
On the similar time, it diminished stakes in main mining and infrastructure names, together with BitMine Immersion Applied sciences (BMNR), Bit Digital (BTBT) and Riot Platforms (RIOT). It diminished positions in Technique (MSTR) and IREN (IREN).
Journal: XRP ‘probably going to $12,’ Bitcoin ETFs add $1B: Market Moves
