Investment bank Goldman Sachs holds approximately $2.3 billion in cryptocurrency exchange-traded funds (ETFs) as of the end of 2025. This is indicated by the bank’s official report submitted to the U.S. Securities and Exchange Commission (SEC).
This is reported by Business • Media
Reduction in Investments in Bitcoin and Ethereum ETFs
In the fourth quarter of 2025, Goldman Sachs significantly reduced its investments in spot Bitcoin ETFs, with a decline of 39.4%. As of December 31, 2025, the bank owned approximately 21.2 million shares of such funds totaling $1.06 billion. Concurrently, investments in spot Ethereum ETFs also decreased: the investment volume fell by 27.2%, and the bank held 40.7 million shares worth about $1 billion.
“As of December 31, 2025, the bank owned approximately 21.2 million shares of spot Bitcoin ETFs worth $1.06 billion. This is a 39.4% decrease from the previous quarter.”
Portfolio Expansion: New ETFs on XRP and Solana
Despite the reduction in positions in Bitcoin and Ethereum ETFs, Goldman Sachs expanded its market presence by opening new positions in XRP and Solana ETFs. By the end of 2025, the bank invested $152.2 million in XRP ETFs and $108.9 million in Solana ETFs.
- XRP ETF — $152.2 million
- Solana ETF — $108.9 million
It is worth noting that at the beginning of 2025, the bank’s CEO David Solomon stated that Bitcoin remains a speculative asset and does not pose a threat to the stability of the U.S. dollar. He also emphasized that Goldman Sachs does not have the ability to own or manage Bitcoin due to existing regulatory restrictions.