Goldman Sachs reported crypto ETF holdings worth approximately $2.36 billion in a 13F filing dated February 10, 2026. The Wall Street giant's largest positions remain Bitcoin and Ethereum, but for the first time it also disclosed exposure to XRP and Solana ETFs.
Bitcoin and Ethereum Nearly Tied
The filing shows $1.1 billion in Bitcoin ETFs (mostly through BlackRock's IBIT) and $1 billion in Ethereum ETFs. That near-equal split contrasts sharply with most institutional portfolios, which typically lean heavily on Bitcoin. Total crypto holdings rose 15% in just three months, and buying continued even when Bitcoin dropped below $70,000.
First Positions in XRP and Solana ETFs
Goldman added $153 million in XRP ETFs and $108 million in Solana ETFs. XRP's focus on interbank payments and Solana's high-speed, low-cost network attracted the bank. Like its Bitcoin and Ethereum holdings, these are spot ETF shares, not direct token ownership — a strategy that sidesteps custody risks.
While $2.36 billion sounds large, it represents less than 1% of Goldman's roughly $3 trillion in total assets under management. The bank is clearly moving cautiously.
From Skeptic to Whale
New U.S. regulatory clarity — including stablecoin talks at the White House where Goldman has a seat — has made it easier for Wall Street to embrace crypto. Analysts say the bank's gradual buildup signals a structural shift. Goldman Sachs has gone from publicly questioning digital assets to becoming one of the largest institutional holders of crypto ETFs. The filing suggests it is positioning for further mainstream adoption as the technology matures.