Goldman Sachs discloses first XRP and Solana ETF holdings valued at $260M
Summary
Goldman Sachs disclosed its first reported holdings in crypto assets other than Bitcoin and Ethereum, totaling approximately $260 million across Solana and XRP exchange-traded funds (ETFs) by the end of the fourth quarter of 2025. The bank's XRP allocations amounted to $152 million, spread across four ETFs from issuers like 21Shares, Bitwise, Grayscale, and Franklin. Solana exposure totaled $108 million, concentrated primarily in the Bitwise Solana Staking ETF and the Grayscale Solana Trust ETF. This move follows a shift in Goldman's stance on digital assets since 2020, accelerating after the approval of spot Bitcoin ETFs in early 2024, though Bitcoin and Ethereum remain its largest digital asset positions at $1.1 billion and $1 billion, respectively.
(Source:Crypto Briefing)