#GoldmanCryptoPivot

Searched the web#GoldmanCryptoPivot: XRP Gone. Solana Gone. Bitcoin Stays. Goldman Just Told You What It Actually Thinks. Goldman Sachs filed its Q1 2026 13F — and the crypto reshuffling inside is the clearest institutional signal of the quarter. XRP ETF positions: liquidated entirely. Solana ETF positions: zeroed out. Combined, those altcoin ETF holdings had peaked at roughly $154 million in Q4 2025. Not reduced. Not trimmed. Gone. Bitcoin exposure: $700 million, held intact across BlackRock and Fidelity ETF positions. ETH ETFs: cut by 70%, leaving a $114 million stake where a much larger position once sat. The move that nobody saw coming: Goldman opened a new position tied to Hyperliquid infrastructure. While exiting direct altcoin ETF exposure, the bank simultaneously bet on on-chain derivatives infrastructure — the fastest-growing sector in crypto markets right now. It also boosted its Circle stake by 249% and Galaxy Digital by 205%. The portfolio tells a clean story. Goldman isn't retreating from crypto. It's concentrating. Bitcoin is the institutional store of value. Stablecoin infrastructure — Circle — is the payment rails play. On-chain derivatives — Hyperliquid — is the trading infrastructure bet. Altcoin ETFs that launched in late 2025 didn't hold Goldman's interest for a single quarter. If other major institutions' upcoming 13F filings show the same pattern, the liquidity dynamics for XRP and Solana ETF products could shift meaningfully. Products need assets under management to survive. Goldman voted with its balance sheet. Bitcoin wins. Everything else competes for the scraps. #GoldmanCryptoPivot

Tom Lee calling sub-$2,200 ETH an “opportunity” matters less because of the quote itself… and more because BitMine actually acted on it at massive scale. 5.28M ETH is no longer portfolio exposure. That’s supply influence. At this point, corporate ETH accumulation is starting to create the same structural conversation Bitcoin treasury companies created years ago: What happens when long-duration entities absorb a meaningful percentage of circulating supply while staking keeps reducing liquid availability? That’s the bigger story here. ETH isn’t just being treated like a speculative asset anymore. It’s increasingly being treated like productive financial infrastructure: • staking yield • stablecoin settlement • tokenized asset rails • collateral across DeFi • institutional onchain liquidity And honestly, the 5% target is the craziest part. Because once a single entity starts approaching ownership levels normally associated with strategic reserves, the market begins thinking differently about scarcity itself. The irony is that ETH sentiment still feels extremely fragile despite this level of accumulation happening underneath the surface. That usually tells me retail and institutions are seeing two completely different markets right now. #FedMeetsNVIDIAMay20 #GoldmanCryptoPivot #OpenAIvsAnthropic $BTC $ETH $SPACE

🚨Goldman Sachs Just Quietly Sold Crypto | Should You Be Worried⁉️ While retail debated Saylor’s pause, Wall Street’s most prestigious bank made a move nobody noticed. In Q1 2026, Goldman Sachs fully exited $XRP and $SOL ETF positions. Then cut BlackRock’s $ETHA holdings by 70%. Then trimmed $BTC ETF exposure by 10%. This isn’t rebalancing. This is a structural pivot. What It Means: Goldman doesn’t trade casually. Full exits = months of internal research saying “reduce risk now.” Three signals: 1. $XRP and $SOL aren’t “institutional grade” yet — full exit, not trim 2. $ETH thesis weakened — 70% cut + Harvard’s full exit + Culper short = cracks forming 3. Even $BTC isn’t sacred — 10% trim = risk reduction, not addition The Counter: While Goldman sold, others bought hard: → Mubadala raised IBIT 16% to $566M → JPMorgan boosted IBIT by 174% → Wells Fargo expanded ETH ETF This isn’t institutions selling crypto. It’s institutions rotating who buys what. The Brutal Reality: Goldman might be early. Or right. Their track record on macro calls is historically excellent. But they exited at LOWER prices than entry. This was risk reduction, not profit-taking. Different signal entirely. Trade Angles: ⚠️ Don’t blindly follow Goldman — they’ve been wrong before 🟢 Sovereign wealth still buying = long-term floor 🔴 Mid-cap institutional support weakening = volatility incoming 📊 Watch Q2 13F filings in August — will others follow? Bottom Line: The “institutions buying everything” narrative just broke. Reality: some buying, some exiting, some rotating. Goldman selling doesn’t mean crypto is dead. It means the easy money is over. Stop trusting blanket narratives. Track who’s buying what. The next cycle will be defined by selective accumulation, not universal pump. Goldman told you which assets to question. The rest is up to you. $MSTR #GoldmanCryptoPivot

Goldman Sachs just wiped its entire XRP and Solana ETF book. But that's only one piece of a much bigger story. Q1 2026 13F filings reveal three institutions running completely different crypto playbooks. Goldman exited roughly $154M in XRP ETF exposure, dumped all Solana positions, and slashed BlackRock ETHA holdings by ~70%. It still holds ~$690M in IBIT and $25M in Fidelity's FBTC. But here's the twist: the same filing shows a new position in Hyperliquid Strategies Inc (PURR), worth ~$3.33M. Goldman isn't retreating from crypto. It's rotating from altcoin ETFs into equities and DeFi infrastructure. Strategy spent $2.01B last week to add 24,869 BTC. No ceiling, no pause, no diversification. Just BTC. Bitmine (BMNR) is quietly building the largest corporate ETH treasury on the planet: 5.28M ETH, ~4.37% of total supply, 89% staked through its new MAVAN validator network. Annualized staking revenue sits at $289M. Three playbooks, one market: · Goldman: dumping altcoin ETFs, pivoting into equities and DeFi · Strategy: all-in BTC, no ceiling, no pause · Bitmine: locking up ETH at industrial scale, earning yield Same market, completely different convictions. If you had institutional-level capital, which path would you take: BTC maximalism, ETH yield, or selective equity exposure? #GoldmanCryptoPivot#FedMeetsNVIDIAMay20 #OpenAIvsAnthropic

Goldman Sachs just showed its Q1 hand -- and it's more complicated than the headlines. The bank exited XRP and Solana ETF positions entirely, while trimming Bitcoin and Ether ETF exposure. On the surface that looks bearish. But Goldman simultaneously reshaped equity bets toward crypto-adjacent names and maintained positions in BTC mining stocks. This isn't capitulation -- it's rotation. Goldman is pivoting away from altcoin ETF beta toward harder, more liquid crypto instruments. It's the same story we've seen from institutional players all cycle: allocate to BTC first, trim the altcoin long tail, keep optionality without the volatility risk. The broader context: $1.07B in crypto fund outflows last week ended a six-week inflow streak. Iran tensions and rising Treasury yields pulled institutional money to the sidelines. Goldman's move may be early signal of a broader flight to quality within crypto -- BTC dominance is now at 58.15%. Is Goldman's rotation a leading indicator or just noise? #GoldmanCryptoPivot

Derivatives Focus: Institutional desks are shifting focus toward range-bound price action and low open interest in perpetual swaps, indicating a transition from speculation to accumulation. ​The Regulatory Catalyst: Wall Street’s aggressive reshuffling of digital assets highlights a strategic positioning under the evolving US regulatory landscape for 2026. ​The Smart Money Playbook: Takeaway for traders—Goldman’s strategy confirms that big money is currently heavily concentrated in Bitcoin while temporarily cooling off on high-beta altcoins. #FedMeetsNVIDIAMay20 #GoldmanCryptoPivot #OpenAIvsAnthropic $BTC $XRP $SOL

The Broader Institutional Narrative ​The Product Expansion: Shifting from just holding assets to building products, Goldman Sachs officially entered the pipeline to launch its own Bitcoin-linked investment products. ​The "Great Re-entry" Indicator: Goldman's ongoing pivot into tokenization and regulated prediction markets signals that Wall Street is preparing for the next wave of institutional deployment #FedMeetsNVIDIAMay20 #GoldmanCryptoPivot #OpenAIvsAnthropic $BTC $SOL $XRP

Spotting the Floor: Goldman Sachs' quantitative analysts suggest that Bitcoin and the broader crypto market may have successfully bottomed out after a heavy correction cycle. ​Attractive Valuations: Goldman highlights that crypto-linked equities, which slid 46% since late 2025, are showing a "volatile but flattish" stabilization pattern, creating highly attractive entry points. ​The 3-Month Trough Rule: History repeats? Goldman’s team notes that while trading volumes may temporarily dip, a volume rebound typically follows a median three-month trough period. #FedMeetsNVIDIAMay20 #GoldmanCryptoPivot #OpenAIvsAnthropic $BTC $XRP $SOL

The Ethereum Slash: Institutional sentiment shifts as Goldman Sachs dramatically cuts its exposure to Ethereum ETFs (ETHA) by roughly 70%, paring it down to around $114M. ​Shifting ETF Allocations: Filings reveal that Goldman Sachs adjusted its core holdings by trimming positions in BlackRock's IBIT and Fidelity's FBTC by roughly 10%. ​From Skepticism to Sovereignty: Goldman CEO David Solomon previously revealed holding personal Bitcoin assets, a monumental shift from his historic skepticism toward the asset class. #FedMeetsNVIDIAMay20 #GoldmanCryptoPivot #OpenAIvsAnthropic $BTC $SOL $XRP

The Mega Asset Realignment (Q1 2026 Filings) ​The $700M Anchor: Goldman Sachs continues to solidfy its core backing in crypto, holding a massive $715M in spot Bitcoin ETFs despite broader market fluctuations. ​Altcoin Exit Strategy: In a surprising strategic pivot, Goldman Sachs has completely exited its positions in XRP and Solana ETFs during the first quarter of 2026. #FedMeetsNVIDIAMay20 #GoldmanCryptoPivot #OpenAIvsAnthropic $BTC $XRP $SOL

Exploded! #Samsung chip strike: 48-hour countdown The US stock market is still pulling back, but the crypto world has already started "paying respects early"! Recently, the most surreal scene in the global market has appeared. On one side, Nvidia continues to surge with AI, and the Nasdaq Composite Index is still climbing; On the other side, Samsung Electronics has announced a chip strike with a 48-hour countdown. Netizens have summarized it perfectly: 👉 "Wall Street is busy dreaming, Samsung is here to remind you of reality." What does global capital look like now? Like a group of people already drunk. AI, robots, SpaceX, Crypto... The entire market is discussing how future technology will change the world. Then suddenly someone stands up and says: 👉 "Sorry, the chip makers are about to stop working." The atmosphere instantly goes silent. Many still don’t realize how important Samsung really is. Simply put: The current AI craze worldwide fundamentally depends on chips. And Samsung happens to be the most core part of the global semiconductor supply chain. Recently, Bitcoin and Ethereum’s trends have become more mystical: * US stocks rise, crypto doesn’t necessarily rise * But whenever there’s a slight global disturbance, crypto dives first It’s like the "emotional experience officer" of the financial market. Especially $ETH has now entered: 👉 "Very proactive in falling, very indifferent in rising" mode. The market is increasingly detached from reality. So what’s truly scary about this Samsung strike is not just Korea. It’s that it suddenly reminded the global market of one thing: see the chart #美联储会议纪要+英伟达财报：5月20同日公布 #高盛清仓，机构持仓分化 #在OKX交易美股：AI双雄押哪边？ @天才交易员绿毛 @BTC 星辰 @天才少女秋秋 @玄弘法师 $ZEC

🔥 Goldman Sachs, Strategy, and BitMine—three major institutions facing the 2026 crypto market have made three completely different choices. 👀 Three institutions, three paths: 🔴 Goldman Sachs (retreat and reposition) Completely liquidated XRP and Solana-related ETFs in Q1; BlackRock's ETHA position shrank by about 70%; BTC ETF reduced by about 10%, shifting to increase holdings in crypto concept stocks like Coinbase. 🟢 Strategy (full-speed bet on BTC) Spent $2.01 billion in a single week to increase holdings by 24,869 BTC, continuing the "buy and hold" BTC accumulation strategy. 🔵 BitMine (betting on ETH staking yields) Holds over 5.27 million ETH (4.37% of the entire network), 89% already staked, with an annualized staking yield of about $289 million. Goal: reach 5% of the entire network's holdings by 2026. 📌 Three questions to understand this divergence ❶ Why did Goldman Sachs liquidate ETFs and switch to concept stocks? Directly holding crypto ETFs means net asset value fluctuates with coin prices, putting huge pressure on institutional risk control and reporting. Switching to crypto concept stocks retains upside potential in the crypto market while categorizing assets as "stocks," a more traditional asset class—resulting in lower compliance costs and easier explanations. This is not bearish on crypto but a more "comfortable" holding method for institutions. ❷ Strategy spent $2 billion in a week buying BTC—is this still normal? According to Strategy's logic, they continuously issue debt to finance BTC purchases, turning the company into a leveraged BTC holding vehicle. After holding 815,000 BTC, they added another 24,869 BTC, signaling only one thing: Saylor believes the current price is still worth buying. The question is, how long can their financing capacity last? ❸ BitMine betting on ETH staking—can this model work? 5.27 million ETH, 89% staked, $289 million annualized yield—this is a business model using ETH as an "interest-bearing asset," similar to collecting rent from real estate. The goal of holding 5% of the entire network means one company would control 1/20 of ETH's total supply, giving it significant staking influence. The risk lies in ETH price declines directly impacting the balance sheet, while staked ETH liquidity is limited, preventing quick stop-loss. 💬 As an ordinary investor, which institution's approach do you lean towards? 👏🏻 Feel free to share your thoughts in the comments ⬇️#高盛清仓，机构持仓分化

🔥 🔥 🔥#高盛清仓，机构持仓分化 Is Wall Street starting to "talk bullish while quietly exiting"? 👉 Goldman Sachs is making large-scale adjustments to some of its holdings, and institutional positions are beginning to diverge significantly. Simply put: Some are still shouting "the bull market continues," while others have quietly started to retreat. A netizen summed it up very realistically: 👉 "Retail investors are still studying candlesticks, while institutions have already started planning their escape routes!" The funniest part is, many retail investors are still: * Analyzing indicators * Studying patterns * Drawing trend lines While institutions might already be doing something else: 👉 "Looking for liquidity to exit." What is this like? Like a group of people in a karaoke bar still shouting "We won't leave until we're drunk tonight," while Goldman Sachs has already quietly gone to the front desk to pay the bill. So the real scary thing about "Goldman Sachs clearing out, institutional holdings diverging" is not who sold. But what it indicates: 👉 Inside Wall Street, there is already a huge split about the future market. And every time this happens, it often means: The real big volatility might not be far away. #波动雷达：币种异动观察 $ETH $BTC

On the subway after work, I came across a piece of news and was stunned. Trump escalated his war rhetoric, the Middle East situation suddenly became tense, and then—$DOGE plummeted in response. This is not a movement that technical analysis can explain. This is an emotional market. Today, the overall crypto market is all green. $BTC fell below $77,000, hitting a two-week low. $ETH also pulled back to around $2,136. Even more dramatic, over $500 million worth of long positions were liquidated across the entire crypto market within 24 hours, with 89% of those being long positions wiped out. The bears cleaned out the bulls’ accounts completely overnight. At this moment, look again at those "mainstream narratives"— Goldman Sachs just liquidated its XRP and SOL ETF holdings last week and turned to bet on other sectors. What about Harvard’s endowment fund? Reportedly, it quietly sold off ETH and switched to buying BTC ETFs. Big players have their own agendas, while retail investors are still digesting the "altcoin season" dream. But this $DOGE drop suddenly brings everyone back to reality. The crypto market has never been a safe haven. Trump tweets, the Middle East gets tense, and $DOGE can instantly turn green or red for you. The so-called "institutional bull market" is essentially just an amplifier of emotions. Honestly, holding altcoins right now feels very delicate. $BTC is grinding around $77K, $ETH is hovering near $2,130, and no one knows which way it will go tomorrow. If you say you’re not worried, that’s not true. Let’s chat in the comments: Are you still holding altcoins now? Or have you already gone to cash and are just watching the show?

🔥 The market is experiencing a week of digital transformation The TradFi futures sector is all green, but the real story isn't in the candlesticks. 📌 #FedMeetsNVIDIAMay20 Today, May 20, 2026, all of Wall Street is holding its breath. The FOMC meeting minutes will be released on Wednesday, May 20, coinciding with Nvidia's Q1 fiscal 2027 earnings report—an exceptionally rare packed schedule during earnings season. What investors are especially focused on is: Kevin Walsh officially succeeded Jerome Powell as Fed Chair on May 15, and the market is on edge, closely watching for hawkish or dovish signals from the Walsh era. As for Nvidia? Wall Street expects this quarter's revenue to reach $78 billion, a 78% year-over-year increase. But the truly sought-after figure is the guidance for next quarter: analysts predict about $87 billion for fiscal 2027 Q2. This will reveal whether Meta and Microsoft's massive AI spending is flowing to Nvidia or shifting toward in-house chip development. Looking back at the TradFi futures sector: CLUSDT (+1.41%), BZUSDT (+1.15%)—crude oil is rising. The market is "betting" that the U.S. economy remains overheated and the Fed will find it difficult to cut rates. This is the pressure Nvidia faces on the eve of its earnings report. 📌 #GoldmanCryptoPivot Goldman Sachs has just completed a move that shook the crypto community. Goldman's Q1 2026 filings reveal a decisive pivot: a complete liquidation of XRP and Solana ETF holdings—not a reduction or shrinkage, but a total wipeout. Meanwhile, Bitcoin ETF holdings remain above $700 million, mainly held through funds under BlackRock and Fidelity. Goldman also increased stakes in Circle, Galaxy Digital, and Coinbase, clearly signaling a focus on stablecoin infrastructure and blockchain financial services rather than speculative altcoins. Looking again at the futures sector: SPACEXUSDT (+1.04%), USARUSDT (+0.60%), BMNRUSDT (+0.47%)—assets at the intersection of traditional finance and emerging technology are drawing attention. Goldman tells the same story: Bitcoin is the anchor, altcoins are the risks to be cleared. 📌 #OpenAIvsAnthropic The AI battle has seen a change of throne. Since the AI race began, U.S. companies have, for the first time, paid more for Anthropic's Claude than for OpenAI's ChatGPT. According to the Ramp AI Index of May 2026, Anthropic reached 34.4%, while OpenAI dropped to 32.3%. The biggest driver is Claude Code, an AI programming tool that currently accounts for 4% of global public GitHub commits, doubling in just one month. But the outcome is still undecided. Both giants have launched enterprise AI joint ventures: Anthropic is backed by Blackstone and Goldman Sachs; OpenAI raised $4 billion through The Development Company. 🧩 Three-screen linkage to understand the big picture The TradFi futures sector you're watching is not just about oil prices or SpaceX's valuation, but a microcosm of a world reshaping itself: • The Fed + Nvidia → AI infrastructure is influencing real interest rate trends • Goldman Sachs crypto pivot → Bitcoin becomes digital gold, altcoins are being cleared out • OpenAI vs Anthropic → The battle for AI enterprise services is just heating up The market never lies; it just speaks in a language most can't understand. $BTC $ETH $DOGE

Pharaoh Market Watch: Today, holding steady at 77500 indicates the bulls are starting to gain strength. Holding steady and breaking through 77800 today suggests a possible continued rebound! Goldman Sachs clearing out is another black swan event for the market 😅 No matter where the rebound goes, for Bitcoin, above 78500 just close your eyes and hold tight. Short short short, keep living in the palace 😏 Follow Pharaoh, and your wealth won't lose its way! $ETH $DOGE $SOL #高盛清仓，机构持仓分化

Goldman Sachs, Strategy, and BitMine are all looking at the same market but taking three different paths— which one might hit a snag? 🧐 Let's look at the differences among these three: · Goldman Sachs (traditional asset management): fully exited XRP/Solana ETFs, significantly reduced ETH ETFs, slightly reduced BTC ETFs, and shifted holdings to Coinbase stock. From one perspective, Goldman Sachs is seeking liquidity and regulatory risk avoidance, preferring to hold "the exchange that sells shovels" rather than the coins themselves. · Strategy (leveraged Bitcoin gambler): spent $2 billion in one week to buy 24,869 BTC. Borrowing through bond issuance to buy coins, betting that Bitcoin’s long-term gains will outpace interest. Extremely bullish; a price drop is a fatal weakness. · BitMine (Ethereum miner/node operator): holds 5.27 million ETH (4.37% of the total network), with 89% staked, generating about $289 million in annualized revenue. Primarily earns through staking cash flow, treating ETH as a production tool rather than speculating on short-term price swings. The core logic of the three differs. In summary: · Goldman Sachs: risk-averse but may miss out on rebounds. · Strategy: a high-stakes gambler; wins get the club, losses mean going under. ✋🏻😭✋🏻 · BitMine: steady rent collector, but if tenants leave (Ethereum activity declines), it’s over. None of the three are absolutely right or wrong, but it’s best not to treat Strategy as "institutional consensus"—it’s more like an alternative leveraged fund. For stability, Goldman Sachs’ approach (buying exchange stocks instead of holding coins directly) is worth considering; for long-term cash flow, BitMine’s logic is healthier.🤔 #高盛清仓，机构持仓分化 @OKX星球 @米花Lilac_OKX @可乐Cola_OKX

#高盛清仓，机构持仓分化 🔥🔥Explosive! Wall Street institutions suddenly "go separate ways"—who's running away and who's bottom-fishing? Recently, the moves by several major Wall Street institutions have left the market stunned! Goldman Sachs completely liquidated its XRP and Solana-related ETFs in Q1, and even the veteran BlackRock cut its Ethereum holdings by 70%, reduced Bitcoin ETF by 10%, and turned to buying crypto concept stocks like Coinbase. On the other hand, Strategy dumped $2.01 billion in a single week, aggressively buying 24,869 BTC; BitMine hoarded 5.27 million ETH, accounting for 4.37% of the entire network, with 89% staked, generating $289 million in annual interest, aiming to hold 5% of the entire network by 2026. In the same market, institutions are taking completely different paths: some are running away, some are holding on fiercely, and some are earning passive income through staking. Who really has the better insight? Have you understood this wave of divergent moves? Personal opinion: Each institution has its own calculations behind their choices, so ordinary people should avoid blindly following the trend.🐤🐤 $BTC $ETH $OKB #星球日报 #OKX星球话题来啦 @OKX中文 @OKX成长学院 @OKX星球 @OKX Orbit

#Goldman Sachs liquidation, institutional holdings diverge, is the crypto market facing a "major reshuffle"? Goldman Sachs liquidated its XRP and Solana-related ETFs in Q1, BlackRock's ETHA position shrank by 70%, BTC ETF decreased by 10%, while increasing holdings in Coinbase and other crypto concept stocks. In the same market, three institutions have taken three completely different paths, indicating that the crypto market is undergoing a "major reshuffle." Goldman Sachs liquidation: a "risk-off" signal from traditional finance Goldman Sachs' liquidation of XRP and Solana-related ETFs may be a preemptive move to avoid market risks. XRP has experienced significant price volatility recently, and the Solana ecosystem faces many uncertainties. Goldman Sachs' liquidation may signal a cautious attitude from traditional financial institutions toward the crypto market. BlackRock reducing ETH holdings: a "faith" crisis for ETH? BlackRock's ETHA position shrank by about 70%, sparking market concerns about ETH. ETH's recent price performance has been weak, shaking confidence in its future development. Whether BlackRock's reduction will trigger a follow-up by other institutions is worth close attention. BTC ETF reduction: testing BTC's "safe-haven" status BTC ETFs decreased by about 10%, which is also noteworthy. As a "safe-haven" asset in the crypto market, the reduction in BTC ETFs may indicate doubts about BTC's safe-haven properties. However, the decrease is relatively small and may just be a short-term institutional adjustment. Increasing Coinbase holdings: the "new favorite" crypto concept stock Goldman Sachs' shift to increasing holdings in Coinbase and other crypto concept stocks may indicate traditional financial institutions' optimism about the crypto market. As a "leading" company in the crypto market, Coinbase's performance is closely tied to the overall market trend. Goldman Sachs' increased holdings could drive other institutions to chase crypto concept stocks. Institutional holdings divergence: a "new trend" in the crypto market Goldman Sachs, BlackRock, and Strategy have taken three completely different paths in the same market, possibly signaling a "new trend" in the crypto market. The divergence in institutional holdings may lead to increased market volatility, requiring investors to respond more cautiously to market changes. Related coin price fluctuations ● BTC: +0.23%, price performance relatively stable, but the reduction in institutional holdings may impact its future trend. ● ETH: +0.32%, price performance slightly better than BTC, but BlackRock's reduction may cause market concerns. ● XRP: -0.35%, poor price performance, Goldman Sachs' liquidation may negatively affect its future trend. The crypto market is undergoing a "major reshuffle," and the divergence in institutional holdings may increase market volatility. Investors need to closely monitor market changes and respond cautiously. $BTC $ETH $XRP

Is the crypto world really getting worse? Have all the institutions exited?? Goldman Sachs' latest Q1 2026 holdings report submitted to the US SEC is out, showing a significant reduction in crypto ETFs. Not only have they completely liquidated all $XRP-related ETFs, but Grayscale, Bitwise, and Fidelity's $SOL-related ETFs have also been fully sold off. Altcoins are too risky, so they gave up on them directly. Confidence in $ETH has also plummeted rapidly, with numerous issues around Ethereum staking, upgrades, and regulations. It dropped sharply this quarter, and Goldman Sachs liquidated 70% of its position, leaving only a small amount worth $114 million on standby. However, they still hold $BTC ETFs like BlackRock's IBIT (about $690 million) and Fidelity's FBTC ($25 million), though both are roughly 10% less than last quarter. Interestingly, while reducing crypto ETFs, they increased holdings in platform stocks like Circle, Coinbase, and PayPal, but mining-related stocks were reduced. The reduction in mining stocks is probably because mining companies (Riot, Strategy) are heavily dependent on coin prices, suffering huge losses when prices fall, so they sold those off as well. #美联储会议纪要+英伟达财报：5月20同日公布 #高盛清仓，机构持仓分化