Goldman Sachs has restructured its crypto ETF portfolio, as revealed in its Q1 2026 13F filing with the SEC. The bank has completely exited its positions in XRP and Solana ETFs, previously valued at nearly $154 million in Q4 2025. Additionally, Goldman reduced its Bitcoin and Ethereum ETF holdings, though it still maintains over $700 million in BTC ETFs and approximately $114 million in ETH ETFs.
The strategic shift comes amid a broader crypto market downturn, with Bitcoin prices dropping to around $62,000 in February, influenced by macroeconomic and geopolitical factors. In a notable move, Goldman acquired 654,630 shares of Hyperliquid Strategies Inc., valued at about $3.3 million, following the launch of Hyperliquid ETFs in the U.S.
Market reactions were swift, with Hyperliquid's token HYPE rising significantly, while XRP saw a decline of about 6.4% over the week. This portfolio adjustment highlights Goldman Sachs' continued interest in crypto ETFs, emphasizing the potential for rapid shifts in response to market dynamics.
Goldman Sachs Exits XRP and Solana ETFs, Invests in Hyperliquid
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
