Goldman Sachs fully divested its Solana-related ETF holdings in the first quarter of 2026. The bank's latest 13F filing confirms the liquidation of all Solana ETFs managed by Grayscale, Bitwise, and Fidelity. This move included a total exit from all XRP-related ETFs. Goldman Sachs also reduced its existing positions in Bitcoin and Ethereum ETFs.
Analysts interpret the divestment as a shift toward institutional caution within the altcoin ETF market. The altcoin ETF sector originally launched in late 2025. Goldman Sachs maintains substantial remaining investments in Bitcoin ETFs. The exit from Solana and XRP funds may trigger near-term price declines across the broader market.