On February 11, according to the latest 13F filing submitted by Goldman Sachs to the U.S. Securities and Exchange Commission, the firm significantly adjusted its crypto asset ETF holdings in Q4 2025, reducing holdings in spot Bitcoin and Ethereum ETFs while increasing positions in newly launched spot XRP and Solana ETFs.
As of December 31, 2025, Goldman Sachs held approximately 21.2 million shares of Bitcoin ETFs, valued at about $1.06 billion, a 39.4% decrease from the third quarter. At the same time, the firm held around 40.7 million shares of Ethereum ETFs, worth approximately $1 billion, down 27.2% year-over-year. The reductions occurred amid Bitcoin prices falling from about $114,000 to approximately $88,400 and Ethereum from $4,140 to $2,970 in the fourth quarter.
In contrast, Goldman Sachs increased its holdings of spot XRP ETFs and Solana ETFs, with assets valued at $152.2 million and $108.9 million respectively by the end of last year. Analysts interpret this strategy as reflecting institutional investors’ risk adjustment during a market downturn, while seeking growth opportunities in emerging blockchain assets.
Market data shows that, alongside the price declines, there was approximately $1.15 billion in net outflows from spot Bitcoin ETFs and $1.46 billion from Ethereum ETFs in Q4, indicating a reallocation of funds by institutions and investors amid market volatility.
Overall, Goldman Sachs’ ETF adjustment demonstrates a more flexible approach by institutional investors in the digital asset market: reducing exposure to volatile Bitcoin and Ethereum ETFs to manage risk, while increasing positions in promising assets like XRP and Solana to optimize their portfolios. As the digital asset ETF market matures, such strategies may direct capital toward emerging blockchain assets, creating new structural opportunities in the crypto market.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
BTC breaks through $75,000, with an intraday increase of 2.42%
Gate News reports that on March 17, BTC surpassed $75,000, with an intraday increase of 2.42%.
GateNews4m ago
BTC Breaks Through 75,000 USDT
Gate News bot message: Gate market data shows BTC has broken through 75000 USDT, current price 75099.6 USDT.
CryptoRadar6m ago
3/16 Price Forecast:SPX, DXY,BTC,ETH,BNB, XRP, SOL, DOGE, ADA, HYPE
Bitcoin (CRYPTO: BTC) pressed toward a key resistance near $74,508, a level that traders are watching closely for signs of a sustained breakout. The move arrived as on-chain indicators suggested renewed buying interest from mid-sized wallets, with addresses holding between 10 and 10,000 BTC
CryptoBreaking20m ago
Robert Kiyosaki Predicts Bitcoin $750K, Ethereum $95K After Global Financial Crash
Robert Kiyosaki warns a massive asset bubble could soon burst, predicting an unprecedented market collapse that may propel gold, silver, bitcoin, and ethereum to extraordinary valuations within a year of a global financial crisis.
Robert Kiyosaki Expects Bitcoin, Ethereum to Explode After
Coinpedia35m ago
