Key Takeaways:
Goldman Sachs exited XRP and solana ETFs, cutting ether exposure by 70% in Q1.Goldman kept $700M in bitcoin ETFs while boosting Coinbase and Circle investments.Wall Street firms are rotating toward bitcoin and crypto infrastructure amid volatility.Ether-linked investments also saw a major reduction. Goldman cut its ether ETF holdings by approximately 70%, leaving the bank with around $114 million in exposure by the end of March.
At the same time, Goldman increased its stakes in several crypto-related equities, signaling continued confidence in parts of the industry’s infrastructure layer.
Goldman’s filing reflects how major financial firms are increasingly treating digital assets as part of broader portfolio allocation strategies rather than speculative standalone bets. Instead of broad-based exposure across multiple tokens, institutions appear to be concentrating capital in assets and companies viewed as more durable during periods of market uncertainty.
