Goldman Sachs Crypto Shakeup: Drops XRP & Solana, Trims ETH 70%, Stacks Bitcoin

Major investment bank Goldman Sachs is repositioning its crypto portfolio as it continues to reduce exposure to Ethereum while stacking BTC.

ZyCryptoMay 191 min readSingle source

Goldman Sachs Crypto Shakeup: Drops XRP & Solana, Trims ETH 70%, Stacks Bitcoin — Image · ZyCrypto

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Major investment bank Goldman Sachs is repositioning its crypto portfolio as it continues to reduce exposure to Ethereum while stacking BTC.

Major investment bank Goldman Sachs is repositioning its crypto portfolio as it continues to reduce exposure to Ethereum while stacking BTC.

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Add ZyCrypto News On GoogleMajor investment bank Goldman Sachs is repositioning its crypto portfolio as it continues to reduce exposure to Ethereum while stacking BTC. The powerful financial institution has also decided, in principle, to exit its exposure to Solana and XRP entirely and has sold off its remaining stakes, which were held in Exchange-Traded Funds (ETFs). These updates were shared by the bank in its latest 13F filing.

Crypto reporting firm Wu Blockchain tweeted about the development:

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