In response to Goldman Sachs’ Q1 2026 13F submitting with the SEC, the monetary establishment has offered all of its XRP and Solana (SOL) ETF holdings. In its This fall 2025 submitting, the financial institution reported practically $154 million price of XRP ETFs. These ETFs had been from Bitwise, Franklin Templeton, Grayscale and 21Shares. Furthermore, Goldman Sachs additionally diminished its Bitcoin (BTC) and Ethereum (ETH) ETF publicity. Nonetheless, the agency nonetheless holds greater than $700 million price of BTC ETFs and $114 million price of ETH ETFs.
Why Did Goldman Sachs Promote Its XRP And Solana ETF Holdings?
Goldman Sachs’ Q1 transfer coincides with the crypto market taking successful. Bitcoin (BTC) fell to the $62,000 mark in February, and most different property adopted its trajectory. Furthermore, macroeconomic and geopolitical tensions had been fairly excessive. The transfer might have prompted Goldman Sachs to liquidate its XRP and SOL ETF holdings.
Nevertheless, the financial institution appears to have opened a brand new place in one other cryptocurrency. Goldman Sachs’ 13F submitting exhibits that the agency has a place in Hyperliquid-related companies. The submitting exhibits that the financial institution has bought 654,630 shares of Hyperliquid Methods Inc. (PURR), price round $3.3 million. In response to stories, the transfer got here in days after Hyperliquid ETFs made their debut within the US.
Hyperliquid (HYPE) is experiencing fairly a value surge after Goldman Sachs’ 13F submitting. In response to CoinGecko knowledge, HYPE has rallied by 1.5% within the final 24 hours, 19.3% within the final week, 9.4% within the 14-day charts, 16.5% over the earlier month, and practically 81% since Could 2025.
HYPE’s rally comes amid a bigger market-wide correction. XRP, alternatively, has fallen by 6.4% within the weekly charts. The steep correction may very well be attributable to Goldman Sachs exiting its XRP ETF place and likewise because of the total market bearishness.
