ChainCatcher News, according to crypto journalist Eleanor Terrett's report, Wall Street investment bank Goldman Sachs (@GoldmanSachs) has just disclosed that it holds $1.1 billion in BTC, $1 billion in ETH, $153 million in XRP, and $108 million in SOL. Its exposure (like most large institutions) is held through spot crypto ETFs, not directly holding the tokens. Goldman Sachs sent representatives to attend today's White House meeting on stablecoin yields. Its CEO David Solomon plans to speak at the WLFI Forum in Palm Beach next week.
Goldman Sachs Discloses $2.36 Billion Exposure to Cryptocurrencies via ETFs
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Summary
Goldman Sachs has revealed a $2.36 billion exposure to cryptocurrencies, including $1.1 billion in BTC update and $1 billion in ETH news. The remaining exposure includes $153 million in XRP and $108 million in SOL. The bank holds these assets indirectly through spot crypto ETFs. Goldman Sachs also participated in a White House meeting on stablecoin yields, and CEO David Solomon will speak at the WLFI Forum in Palm Beach next week.
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