Goldman Sachs-Wall Street’s ever-watched chameleon-has shed its precious XRP and Solana ETF harnesses, and trimmed its Ethereum appetite by 70%. In the quiet ledger, Bitcoin still wields the crown though the world of digital gold presses its icy fingers on the coin’s familiar pedestal.
Goldman’s ETF Exodus: A Winter Tale
According to Goldman Sachs’s own Q1 2026 13F filing, the house has jetted the entire carcass of its XRP and Solana ETF holdings. Imagine a still lake in February, when a sudden breeze sends ripples far beyond the shore-this is no less dramatic.
Last quarter’s numbers still rattled the archives: roughly $154 million on XRP and over $100 million on Solana, borrowed from the likes of Grayscale, Fidelity and Bitwise-just as a saint remembered a reckless child’s promise.
Goldman Sachs Exits XRP and Solana ETF Positions, Cuts Ethereum ETF Holdings by 70%
Goldman Sachs’ latest 13F filing shows the bank fully exited its XRP and Solana ETF positions in Q1 2026 after previously holding around $154 million in XRP ETFs. The bank still holds roughly…
– Wu Blockchain (@WuBlockchain) May 18, 2026
While the filing confirms those ETF portholes have closed, analysts caution: one cannot tell whether Goldman truly dislikes XRP or Solana, merely that the piggy banks are easier to fill in a volatile winter.
13F reports only reveal long institutional positions. They whisper nothing of hedgie fans, client mandates, short pluggings or post‑Janus quarter gambles.
Still, the complete hike of exit roads signals a robust retreat from volatile altcoin pathways during a season of merciless flurries.
Ethereum: A Sharply Condensed Iliad
Goldman has also tightened its Ethereum filament. The iShares Ethereum ETF tape was cleaved nearly 70%, leaving a thread of $114 million, like a lone candle glow in a storm.
That bite was a lot sharper than the gentler trim on its Bitcoin ETF. It’s almost as if one favored solemn stability over sparkly spectacle.
Yet the bank’s Bitcoin heart still beats strongly: roughly $690 million in BlackRock’s IBIT and a modest $25 million in Fidelity’s FBTC fund.
Bitcoin’s ETF positions saw a modest 10% atonement, a small sigh in the face of grander shifts.
Bitcoin: The Eternal Favorite
The stark contrast only underscores Bitcoin’s reign in institutional markets, even as the wider digital treasury ruffles its cloak in unpredictability.
Meanwhile, Goldman has turned its gaze to crypto‑related companies-Circle, Galaxy, Coinbase-while stepping back from mining firms like Riot Platforms, IREN, Bit Digital, and Strategy, replacing sweat with speculation.
Today, BTC drifts near $77,583, a fall of about 5% this week alone-a gentle exhalation amid the roar of a market that never sleeps.
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2026-05-18 16:21