In accordance with Goldman Sachs' Q1 2026 13F submitting with the SEC, the monetary establishment bought all of its holdings within the XRP and Solana (SOL) ETFs. The financial institution reported roughly $154 million value of XRP ETFs in its fourth quarter 2025 submitting. These ETFs have been from Bitwise, Franklin Templeton, Grayscale, and 21Shares. Moreover, Goldman Sachs has additionally diminished its ETF publicity to Bitcoin (BTC) and Ethereum (ETH). Regardless of this, the corporate nonetheless holds $700 million value of BTC ETFs and $114 million value of ETH ETFs.
Why did Goldman Sachs promote its XRP and Solana ETF holdings?
Goldman Sachs’ first-quarter strikes coincide with a interval when the crypto market took a success. Bitcoin (BTC) fell to the $62,000 stage in February, and most different property adopted swimsuit. Furthermore, macroeconomic and geopolitical tensions have been very excessive. This transfer might have led Goldman Sachs to liquidate its holdings within the XRP and SOL ETFs.
Nonetheless, the financial institution seems to have opened a brand new place in one other cryptocurrency. Goldman Sachs' 13F filings present the corporate has positions in hyperliquid-related corporations. The financial institution bought 654,630 shares of HyperLiquid Methods, Inc. (PURR), valued at roughly $3.3 million, based on the submitting. The transfer reportedly comes days after the HyperLiquid ETF debuted in the USA.
The value of Hyper Liquid (HYPE) has elevated considerably after the 13F submitting by Goldman Sachs. In accordance with CoinGecko knowledge, HYPE is up 1.5% up to now 24 hours, 19.3% within the final week, 9.4% on the 14-day chart, 16.5% month over month, and practically 81% since Might 2025.
HYPE's rise comes amid a big market-wide correction. In the meantime, XRP fell 6.4% on the weekly chart. This sharp correction might be as a consequence of Goldman Sachs exiting its XRP ETF place and general market weak point.
(Tag translation) Goldman Sachs
