Goldman Sachs Exits XRP and Solana ETF Positions in Q1 2026
Goldman Sachs exited its exposure to XRP and Solana ETF products in the first quarter of 2026, while also trimming its Bitcoin and Ether ETF holdings. The move represents a notable institutional repositioning away from altcoin-linked funds.
Goldman Sachs fully unwound its positions in XRP and Solana exchange-traded fund products during the first quarter of 2026, according to reported disclosures. The bank also reduced its exposure to Bitcoin and Ether ETFs during the same period, pointing to a broader pullback from crypto-linked fund products.
The exit from XRP ETF exposure is notable given the relatively recent launch of spot XRP ETF products and the broader institutional interest those products attracted. Goldman's move signals that not all major financial institutions have maintained or grown their crypto ETF allocations in Q1.
The development stands in contrast to other institutional activity during the quarter. JPMorgan, for instance, was reported to have raised its Bitcoin ETF exposure significantly during the same period, illustrating a divergence in institutional strategies toward crypto-linked products.
Key facts
- •Goldman Sachs exited XRP ETF exposure in Q1 2026
- •Goldman also exited Solana ETF positions in the same quarter
- •Bitcoin and Ether ETF holdings were trimmed but not fully exited
- •JPMorgan raised Bitcoin ETF exposure by 174% in the same quarter
- •The moves illustrate diverging institutional strategies on crypto ETF products