💥 Goldman Sachs' Major Reshuffle! Clearing XRP, SOL, Slashing ETH by 70%! Is Wall Street abandoning all "non-core" assets?


Everyone's boiling over! The smartest money on Wall Street is redefining the "value tiers" of crypto assets in the most extreme way!
The 13F filing submitted by Goldman Sachs for Q1 2026 has just dropped a bombshell on the entire market, and every rebalancing move is worth a word-by-word analysis!
Three months ago, they made a high-profile position build-up; three months later, they’re liquidating and running!
Did Goldman turn the clone ETF into a short-term play?
Remember the frenzy of the "Clone ETF Year One" at the end of last year?
Back then, Goldman Sachs, as a top Wall Street investment bank, bought $154 million worth of all mainstream XRP ETFs like Bitwise, Franklin Templeton, and Grayscale, and also built positions in Grayscale, Bitwise, and Fidelity’s Solana-related ETFs, becoming one of the largest institutional holders of XRP ETFs.
Everyone was shouting online: "Look! Goldman Sachs recognizes second-tier assets! The spring of altcoins is here!"
And what happened?
In just three months, Goldman completely cleared out all XRP and Solana ETF holdings, leaving not a single one!
This move is even more retail than retail investors, perfectly illustrating what "the mouth of an institution is a lying ghost" means.
Those who rushed in following Goldman Sachs to buy the dip are probably crying their eyes out in the bathroom now.
Core assets are also being cut! But the scale varies greatly.
Goldman Sachs hasn't completely exited the crypto market but has carried out a brutal "survival of the fittest":
Bitcoin ETF: Only reduced by about 10%, still holding $690 million in BlackRock’s IBIT and $25 million in Fidelity’s FBTC, remaining the main part of their crypto holdings.
Ethereum ETF: Ravaged with a 70% crazy cut! From about $1 billion last quarter down to only $114 million, this scale is simply shocking.
This contrast is too obvious!
In Goldman Sachs’ eyes, Bitcoin is a "must-hold core position," Ethereum has become a "suboptimal asset that can be significantly reduced," and XRP and Solana are "high-risk trash that must be completely abandoned."
Where did the funds go?
Goldman Sachs is betting on "water sellers" and abandoning "miners."
XRP-0.78%
SOL-0.41%
ETH0.35%
IBIT-2.97%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned