Goldman Sachs Rebuilds Solana ETF Exposure Amid Market Growth

Goldman Sachs has disclosed its significant holdings in spot Solana ETFs, topping the institutional list with approximately $88.1 million invested across six different Solana ETF products from issuers including Bitwise, Grayscale, and Fidelity as of June 30, 2026.

This is notable not just because of the size of the investment but also due to its timing. Goldman had completely exited its Solana ETF exposure by the end of Q1 2026, selling off around $107 million to $108 million in positions it had built up through the end of 2025.

However, three months later, it was back in with nearly $88 million, indicating a possible deliberate tactical rotation or a brief risk-off period followed by renewed conviction.

This move wasn't isolated, as Goldman simultaneously rebuilt its XRP ETF exposure, allocating $86.5 million across five spot XRP ETF products in Q2 after similarly exiting those positions in Q1.