Goldman Sachs has made major changes to its crypto ETF holdings! This happened at a weak time for the crypto market, with digital asset funds seeing heavy outflows in the week gone by.
Goldman Sachs cuts altcoin ETF exposure
Goldman Sachs no longer reports Ripple’s XRP [XRP]-linked or Solana [SOL]-linked ETF holdings. This is a quick turn the other way from the altcoin ETF positions it had built in the previous quarter.
In Q4 2025, Goldman held nearly $154 million across XRP products from Bitwise, Franklin Templeton, Grayscale, and 21Shares. It was also the largest known institutional holder of U.S. spot XRP ETFs.
Its total XRP ETF assets crossed $1.53 billion at the time.
It is notable that the financial services behemoth did not exit crypto exposure completely.
It still holds Bitcoin [BTC] ETF positions, including about $690 million in BlackRock’s IBIT and around $25 million in Fidelity’s Bitcoin fund, though both are reduced. Its Ethereum [ETH] exposure also dropped, with its BlackRock Ether ETF holding cut by about 70% to nearly $114 million.
XRP and Solana attract attention despite outflows
Goldman’s ETF changes came at an inopportune time for crypto funds. Digital asset investment products recorded $1.07 billion in outflows, per CoinShares.
That’s the end of a six-week positive streak and the third-largest weekly outflow of 2026.
Most of the pressure came from the largest assets.
Bitcoin saw $982 million in outflows, while Ethereum lost $249 million. Total assets under management (AUM) also slipped from $159 billion to $157 billion.
But it wasn’t all bad.
XRP and Solana still attracted money, with inflows of $67.6 million and $55.1 million, respectively. That makes Goldman’s exit more interesting because the greater demand for these assets did not disappear.
Perhaps, not all institutions are not moving in the same direction.
Final Summary
- Goldman Sachs exited its reported XRP and Solana ETF positions; reduced ETH ETF exposure too.
- Despite that, XRP and Solana still attracted inflows last week.