Goldman Sachs Exits XRP and Solana ETF Positions in Q1 2026 While JPMorgan Raises Bitcoin ETF Exposure
Goldman Sachs fully exited its XRP and Solana ETF holdings in the first quarter of 2026, while also trimming Bitcoin and Ether ETF positions. In contrast, JPMorgan increased its Bitcoin ETF exposure during the same period, led by a significant raise in BlackRock IBIT holdings.
Goldman Sachs liquidated its reported positions in XRP and Solana ETF products during Q1 2026, according to regulatory filings coverage. The bank also reduced its Bitcoin and Ether ETF exposure during the same quarter, representing a broad pullback from crypto-linked fund products.
The move stands in contrast to activity reported at JPMorgan, which raised its exposure to BlackRock's IBIT Bitcoin ETF by 174% in Q1. JPMorgan also added exposure to select Ether and Solana-linked funds over the same period.
The divergence between the two institutions illustrates different portfolio strategies toward crypto ETF products during a quarter that included significant market volatility. Goldman's exit from XRP-linked ETF exposure is particularly notable given the broader trend of growing XRP ETF inflows reported in the same period.
These disclosures come from regulatory filings and represent reported holdings at a point in time, meaning they reflect Q1 positioning rather than current allocations. They are nonetheless a concrete data point on how major financial institutions positioned themselves relative to XRP and other digital asset products.
Key facts
- •Goldman Sachs exited XRP ETF exposure entirely in Q1 2026
- •Goldman also exited Solana ETF holdings and trimmed Bitcoin and Ether ETF positions
- •JPMorgan raised its BlackRock IBIT Bitcoin ETF holdings by 174% in Q1 2026
- •JPMorgan also added exposure to Ether and Solana-linked funds
- •The two institutions took divergent approaches to crypto ETF positioning in the same quarter