
Goldman Sachs trimmed Bitcoin and Ethereum ETF positions while initiating substantial allocations to XRP and Solana ETFs in a strategic move at the end of 2025.
Goldman Sachs reduced its spot Bitcoin ETF holdings by 39.4% to $1.06 billion and trimmed its Ethereum ETF holdings by 27.2% to $1 billion in Q4 2025. The bank’s December 31 SEC 13F filing also revealed new positions in XRP ETFs worth $152.2 million and Solana ETFs valued at $108.9 million. These adjustments reflect a strategic shift toward diversifying crypto exposure beyond Bitcoin and Ethereum during a period of market volatility.