Goldman CEO Solomon Owes Up to Personal BTC Holdings

Goldman Sachs CEO David Solomon has revealed that he personally owns 'very little' Bitcoin (BTC), saying he is still trying to understand how it behaves.

The admission came during a speech at the World Liberty Forum in Palm Beach, where Solomon also discussed his bank's growing exposure to cryptocurrencies through spot exchange-traded funds (ETFs).

Goldman Sachs' latest regulatory filings show that the investment bank holds around $2.36 billion in indirect crypto exposure, including positions in Ethereum (ETH), XRP (XRP), and Solana (SOL).

This exposure is valued at approximately $1.7 billion for Bitcoin alone, although its value has declined by nearly 50% since the end of Q4 last year.