Goldman Sachs announced on February 10 that it will rebalance its cryptocurrency investments in the fourth quarter of 2025. This included everything from selling on the Bitcoin (BTC) and Ether (ETH) markets to buying within the Solana (SOL) and XRP sectors.
bank I reduced my positions in two Bitcoin exchange traded funds (ETFs).. 50% stakes in BlackRock, iShares Bitcoin Trust (IBIT), and Fidelity Wise Origin Bitcoin (FBTC) fell 39%. As of December 31, 2025, the holdings in such financial instruments totaled the equivalent of US$1,027 million and US$35 million, respectively.
This total was equivalent to approximately 12,118 BTC at year-end, when Bitcoin was trading at USD 87,700. If this amount were a direct investment in Bitcoin rather than a Bitcoin ETF, Goldman Sachs would be among the 12 publicly traded companies with the most assets.
Rebalancing investments in Bitcoin companies
The bank also reduced its investment in crypto ATM operator Bitcoin Depot (NASDAQ:BTM) by 79%. The value at the end of the quarter was US$57 million.
but, Increased stake in American Bitcoin Corp by 440% (ABTC) is a Bitcoin mining and finance company. The holdings there were thus valued at US$92 million. As you can see below, it is the only asset in the BTC market that increased its position during the period.
Subtract BTC and ETH to buy XRP and SOL
In line with Goldman Sachs’ strategy to reduce its exposure to Bitcoin, Reduced Ether ETF position what i had. He sold 35% of his shares in IShares Ethereum (ETHA) and 2% of his shares in Fidelity Ethereum (FETCH). Therefore, at the end of the year, they had assets worth $613 million and $393 million, respectively.
meanwhile, Start investing in 4 XRP ETFs and 6 Solana (SOL) ETFs. The company’s total valuation at the end of the quarter was $149 million for its Ripple cryptocurrency products and $108 million for its Solana products.
This strategy is Showing Goldman Sachs’ Bullish View on XRP and SOL. Spot ETFs for these assets were launched in the US shortly before that, in July and August, respectively. ETH and BTC, on the other hand, were issued two years ago in 2024, so the bank ended up investing in these products in the same year.
The decline in exposure to Bitcoin and Ether reflects market caution on the part of banks. However, as mentioned above, he maintains large positions in each sector, so he has not withdrawn his long-term bullish predictions.
Their selling in this sector correlates with general selling pressure in the market. As reported by CriptoNoticias, this action caused the price to drop after Bitcoin reached an all-time high of $126,000 in October.
In total, banks Reported crypto exposure of over $2.3 billion At the end of the year. Half corresponds to the Bitcoin market position. Still, Goldman Sachs’ holdings in the crypto sector make up a small portion of its portfolio. These represent 0.28% of the total portfolio and have a value of USD 811,112 million.
In any case, it should be noted that the investments mentioned by the bank date back to the fourth quarter report. Therefore, it may not be the same as what we currently have. Developments for the first quarter of 2026 will be revealed in our next financial report on April 12th.
