Wall Avenue big Goldman Sachs has made a notable shift in its crypto-related exchange-traded (ETF) fund positions, in accordance with a latest submitting submitted to the US Securities and Alternate Fee (SEC).
The replace exhibits the agency exiting XRP- and Solana (SOL)-linked ETF publicity, whereas additionally trimming its Ethereum (ETH) ETF holdings. On the identical time, the submitting exhibits it opened a brand new place tied to one of many largest decentralized exchanges (DEXs).
Goldman Sachs Exits XRP And Solana ETFs
The story begins with Goldman’s XRP ETF publicity going into the tip of This fall 2025. At that time, the financial institution held almost $154 million price of XRP-related ETFs from issuers together with Bitwise, Franklin Templeton, Grayscale, and 21Shares.
These holdings made Goldman Sachs one of many largest institutional holders of XRP ETF merchandise on the time. The latest SEC disclosure, nevertheless, exhibits that its XRP ETF positions have been eliminated completely, reflecting a full exit throughout the first quarter.
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An analogous change seems with Solana-linked merchandise. Goldman Sachs had beforehand disclosed that it held publicity throughout a number of Solana funding merchandise, together with the Grayscale Solana Belief ETF, the Bitwise Solana Staking ETF, and the Constancy Solana Fund.
Nevertheless, similar to XRP, these Solana-related ETF positions additionally disappeared in Goldman’s Q1 submitting. In different phrases, Goldman absolutely exited each XRP- and Solana-linked ETF holdings by the primary quarter of 2026, with no remaining hint of these positions within the up to date portfolio disclosure.
Even with these exits, Goldman Sachs didn’t depart the crypto ETF area completely. The agency nonetheless held roughly $700 million in Bitcoin ETFs. Nonetheless, its posture towards Ethereum was extra cautious: Goldman minimize its Ethereum ETF publicity by about 70%, bringing the whole all the way down to roughly $114 million.
New Wager On Hyperliquid
What makes the change extra attention-grabbing is that Goldman Sachs seems to be redeploying not less than a few of that capital into different elements of the crypto market.
Alongside the ETF reductions and exits, the financial institution opened a brand new place tied to Hyperliquid (HYPE). Based on the submitting, Goldman acquired roughly 654,630 shares of Hyperliquid Methods (PURR), valued at about $3.3 million.
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Past Hyperliquid, Goldman Sachs’ buying and selling exercise additionally exhibits a brand new wave of publicity throughout a number of crypto-linked equities. The financial institution elevated positions in Circle (CRCL), Galaxy (GLXY), and Coinbase (COIN) shares.
On the time of writing, Hyperliquid’s native token, HYPE, was buying and selling at round $45. It has been one of many best-performing tokens over the previous month, with features of 10% within the final two weeks alone.
Featured picture created with OpenArt, chart from TradingView.com
