Goldman Sachs Cuts Crypto ETF Exposure, Exits XRP and Solana Funds

According to a recent SEC filing, Goldman Sachs exited XRP and Solana ETF positions, cut Ethereum exposure, retained roughly $700 million in Bitcoin ETFs, and opened a new Hyperliquid-linked position.

BTC

ETH

SOL

3d ago

Fact Check

The claim is strongly supported by the official SEC Form 13F-HR filing by Goldman Sachs Group Inc (filed 2026-05-15, period ending 2026-03-31), which is the authoritative primary source. Cointelegraph and crypto.news both independently cite this filing and report identical figures: full exit from XRP ETFs (previously ~$154M) and all Solana ETFs, ~10% reduction in Bitcoin ETF holdings leaving ~$715M total (consistent with 'more than $700 million'), and ~70% reduction in Ethereum ETF exposure. The panewslab source corroborates the same data. All three specific claims in the title and summary - exiting XRP ETFs, exiting Solana ETFs, and retaining more than $700M in Bitcoin fund exposure - are confirmed by multiple sources tracing back to the SEC filing.

Summary

Goldman Sachs’ latest SEC filing shows the bank fully exited XRP- and Solana-linked ETF positions in the first quarter of 2026 after previously holding nearly $154 million in XRP-related ETFs and exposure to multiple Solana products. The filing also shows Goldman reduced its Ethereum ETF holdings by about 70% to roughly $114 million while retaining about $700 million in Bitcoin ETFs. In addition to reshaping its ETF allocation, Goldman opened a new position in Hyperliquid Strategies (PURR), acquiring about 654,630 shares valued at approximately $3.3 million. The bank also increased exposure to crypto-linked equities including Circle, Galaxy, and Coinbase, indicating that while it reduced altcoin ETF exposure, it did not exit broader crypto-related investments.

Terms & Concepts

Crypto ETF: An exchange-traded fund that gives investors market exposure to digital assets such as Bitcoin or Ethereum without directly holding the tokens.
Ethereum ETF: An exchange-traded fund that provides exposure to Ether or related holdings through a listed investment product.
DEXs: Decentralized exchanges are trading platforms that let users swap digital assets directly on blockchain networks without a centralized intermediary.