The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Recent reports indicate that Goldman Sachs fully liquidated its positions in XRP and Solana ETFs during the first quarter of 2026. According to analyst data, the bank also significantly reduced its exposure to Ethereum ETFs, cutting its holdings by 70%. These moves directly contradict previous narratives that suggested sustained institutional accumulation within these specific altcoin ecosystems.
This strategic exit by a major investment bank coincided with a broader digital asset market outflow totaling $1.07 billion (per market data). Search citations of recent 13F filings confirm that while the bank exited altcoins, it maintained a substantial $700 million stake in Bitcoin, suggesting a flight to quality or a consolidation into the market's primary asset amid heightened volatility in the Solana and XRP networks.
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Sign InTraders are now focused on key support levels for Solana at $145 and XRP at $0.52 (as of the May 11, 2026 close) to gauge the impact of losing major institutional backing. With the U.S. CPI inflation data scheduled for release on May 12, 2026, the altcoin market may face further headwinds if liquidity continues to rotate out of riskier digital assets.
Update: A recent 13F filing with the SEC revealed that Goldman Sachs' total exit from XRP ETFs amounted to $154 million. The complete liquidation involved stakes in funds managed by Bitwise, Grayscale, Franklin Templeton, and 21Shares, clarifying the exact scale of the institutional retreat from these specific assets.