Goldman Sachs Ditches XRP & SOL ETFs, Slashes ETH Holdings: What P2P Merchants Need to Know
Goldman Sachs just dumped all its XRP and Solana ETF positions and cut Ethereum exposure by 70%. This isn't just Wall Street noise; it's a signal that could shake up P2P trading volumes and spreads.
GOLDMAN SACHS JUST DUMPED $154 MILLION IN XRP AND SOLANA ETFS.
This isn't some minor portfolio rebalance; it's a full-blown retreat from altcoins that Goldman was hyping just months ago.
Q1 2026 filings show Goldman Sachs zeroed out its XRP and Solana ETF holdings, a stark reversal from late 2025 when they were piling in.
$153.8 MILLION in XRP ETFs gone. 70% cut to Ethereum ETF exposure. Bitcoin ETF stakes held near $700 MILLION.
This institutional flight from altcoins means less speculative money chasing risky assets. Expect tighter spreads on stablecoins as volume shifts, and potentially wider spreads on the very altcoins institutions are fleeing.
Watch for a continued institutional pivot towards infrastructure plays and away from direct token exposure; this trend will dictate future P2P market dynamics.