- Goldman Sachs invests $260 million in XRP and Solana altcoins.
- XRP and Solana bets signal shift away from Bitcoin focus.
- Goldman Sachs reduces Bitcoin holdings, shifts focus to altcoins.
Goldman Sachs has made a bold move in the cryptocurrency market, allocating a massive $260 million to XRP and Solana. According to the bank’s latest 13F filing with the U.S. Securities and Exchange Commission (SEC), Goldman disclosed investments of $152 million in XRP and $108 million in Solana. This move highlights the investment bank’s growing interest in altcoins with strong utility potential, signaling a shift from its previous focus on Bitcoin.
The filing reveals that Goldman Sachs’ XRP investment is spread across several U.S. spot ETFs, including Bitwise XRP ETF, Franklin XRP Trust, Grayscale XRP Trust, and 21Shares XRP ETF. The bank’s Solana holdings, on the other hand, are concentrated in the Bitwise Solana ETF and Grayscale Solana Trust. These strategic moves are aimed at positioning the bank for future growth in digital assets with real-world use cases.
Goldman Sachs Reduces Bitcoin Exposure, Focusing on Growth in Altcoins
This pivot toward utility-focused altcoins comes alongside a significant reduction in Goldman Sachs’ Bitcoin ETF holdings, which were cut by 40% in Q4 2025. Despite this, the bank still maintains substantial positions in Bitcoin and Ethereum, with a combined total of $2.1 billion in these assets. The shift indicates that Goldman Sachs sees greater upside in the functionality-driven tokens like XRP and Solana.
Also Read: Ripple Drops Comment Letter to the Federal Reserve – What it Means for RLUSD and XRP
Moreover, the timing of this filing coincides with reports that Goldman Sachs executives were at the White House recently to discuss the future of stablecoin yields, with Ripple’s Stuart Alderoty also in attendance. This suggests that the bank is positioning itself as a key player in the evolving regulatory landscape surrounding digital currencies.
Goldman Sachs’ latest investments in XRP and Solana represent a significant step in the financial giant’s strategy to diversify its cryptocurrency portfolio. The increased emphasis on altcoins reflects the bank’s belief in the future of decentralized finance and blockchain technology. As regulatory clarity continues to shape the crypto market, Goldman’s strategic choices are expected to influence future institutional investments in the space.
Also Read: White House Crypto Talks Heat Up: Could a Stablecoin Deal Finally Happen?
