TLDR:
- Total liquidation: Banking giant Goldman Sachs completely closed its $154 million exposure distributed across regulated XRP funds.
- Stable flows: Financial products linked to the token recorded net inflows worth $60.49 million over the last week.
- Strategic rotation: The financial firm eliminated its holdings in Solana vehicles and cut its stake in Ethereum exchange-traded funds by 70%.
On Monday, banking giant Goldman Sachs liquidated a position valued at approximately $154 million, thereby eliminating its exposure to spot XRP ETFs in the United States. This information was revealed in the filing of its latest 13F quarterly report with the SEC.
Official information indicates that the institution closed these positions in funds from issuers such as Bitwise, Grayscale, Franklin Templeton, and 21Shares. According to the regulatory document, this massive capital outflow was completed during the first quarter of 2026.
Despite the withdrawal of this Wall Street player, the exchange-traded funds market showed solid operational resilience. Records from the specialized platform SoSoValue show that the sector captured $60.49 million in net inflows during the last week, adding a recent daily inflow of $10.87 million.
Sector Autonomy and Crypto Portfolio Realignment
Recent trading dynamics suggest that organic demand absorbed the bank’s exit without generating downward pressure on the crypto asset’s price. Updated industry metrics reveal that, since the month of April, the cumulative volume of net inflows into these financial products rose to $176.3 million.
Funds under management administer a joint net worth that reaches $1,180 million. According to current distribution parameters, this capital represents 1.33% of the digital currency’s total market capitalization, whose trading price stands at $1.43.
The sale of XRP ETFs responds to an internal restructuring of digital assets by the entity. Institutional analysts interpret this move as a technical rotation rather than a definitive bearish stance toward the underlying asset.
The 13F report for the corresponding period reveals profound modifications in other allocations of the firm:
- Exit from Solana: Total liquidation of all holdings in SOL exchange-traded funds.
- Reduction in Ethereum: A 70% cut in its exposure to ETH exchange-traded funds, leaving a remaining balance of $114 million.
- Sustained position in Bitcoin: Preservation of its primary allocation with more than $700 million under custody in BTC products.
The capital freed through these sales operations was directed toward the acquisition of equities linked to the infrastructure of the cryptographic ecosystem. Records demonstrate the opening of a position of 654,630 shares in Hyperliquid Strategies Inc. (PURR), valued at $3.33 million, a corporation that holds nearly 20 million HYPE tokens on its balance sheets.
