Goldman Exits XRP, Solana ETFs; Holds $700M in Bitcoin ETFs

Goldman Sachs sold its XRP and Solana exchange-traded fund positions in the first quarter of 2026, reduced its Ether ETF exposure by about 70%, and held roughly $700 million in spot Bitcoin ETFs as of March 31, according to the bank’s Form 13F filing with the U.S. Securities and Exchange Commission.

The filing shows Goldman fully exited ETFs tied to XRP and Solana after previously holding about $154 million in XRP-related products. Ether-linked ETF holdings fell to about $114 million at quarter-end, a decline of roughly 70% from earlier reported levels. Spot Bitcoin ETF positions amounted to about $700 million on March 31, 2026.

Goldman adjusted several equity positions connected to digital assets. The bank increased stakes in Circle, Galaxy Digital and Coinbase. It trimmed holdings in companies more directly linked to mining and market cycles, including IREN, Bit Digital, Riot Platforms and a position listed as Strategy in the filing.

Form 13F filings report institutional holdings for managers overseeing at least $100 million in qualifying securities and are due 45 days after each quarter. The reports list holdings as of the quarter-end date and do not show intraperiod trades, options or other derivatives, so they do not capture all trading activity or off‑balance-sheet exposure.

The filing shows a larger allocation to spot Bitcoin ETFs and increased positions in firms tied to trading, custody and stablecoin services, while exposure to some altcoin-linked products and miners declined during the quarter.