Goldman Sachs CEO Admits Owning 'Very Little' Bitcoin Amid Bank's Significant Crypto Exposure

Goldman Sachs CEO David Solomon revealed that he personally owns 'very little' Bitcoin (BTC) during his speech at the World Liberty Forum in Palm Beach. He said, 'I'm still trying to figure out how Bitcoin behaves.' This admission comes as the bank's latest regulatory filings show a significant indirect crypto exposure through U.S.-based spot ETFs.

The filings reveal that Goldman holds approximately $2.36 billion in indirect crypto exposure, including positions in Ethereum (ETH), XRP (XRP), and Solana (SOL). This includes around 13,740 BTC, valued at roughly $1.7 billion at the end of last quarter but now worth an estimated $920 million after a nearly 50% decline.

Solomon's personal admission stands in contrast to Goldman's institutional posture just a few years ago, when the bank's research teams characterized Bitcoin as a speculative asset with limited utility.