Goldman Sachs Significantly Reduces Crypto Holdings
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 day ago
0mins
Source: NASDAQ.COM
- Major Asset Liquidation: Goldman Sachs fully liquidated its positions in XRP and Solana ETFs in Q1 2026, while slashing its Ethereum ETF exposure by approximately 70%, indicating a bearish outlook on these cryptocurrencies' future growth.
- Bitcoin Holdings Adjustment: The bank also trimmed its Bitcoin holdings by about 10%, now valued at roughly $700 million, suggesting a weakening confidence in the crypto market that could affect investor perceptions of the bank.
- New Investment Direction: Concurrently, Goldman purchased 654,630 shares of Hyperliquid Strategies valued at $3.3 million, a relatively small investment that nonetheless indicates interest in decentralized exchanges and may signal future investment trends.
- Shifting Market Dynamics: Goldman's adjustments reflect a changing narrative in the crypto market, where traditional favorites like Ethereum and Solana are being overshadowed by emerging protocols with stronger mechanisms for value capture, potentially reshaping the investment landscape across the industry.
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Analyst Views on GS
Wall Street analysts forecast GS stock price to fall
12 Analyst Rating
5 Buy
7 Hold
0 Sell
Moderate Buy
Current: 1008.370
Low
604.00
Averages
951.45
High
1100
Current: 1008.370
Low
604.00
Averages
951.45
High
1100
About GS
The Goldman Sachs Group, Inc. is a global financial institution that delivers a range of financial services to a large and diversified client base that includes corporations, financial institutions, governments and individuals. Its segments include Global Banking & Markets, Asset & Wealth Management and Platform Solutions. The Global Banking & Markets segment offers a range of services, including financing, advisory services, risk distribution, and hedging for its institutional and corporate clients. It facilitates client transactions and makes markets in fixed income, equity, currency and commodity products. The Asset & Wealth Management segment manages assets and offers investment products across all asset classes to a diverse set of clients. It also provides investing and wealth advisory solutions. The Platform Solutions segment includes consumer platforms, such as partnerships offering credit cards and point-of-sale financing, and transaction banking and other platform businesses.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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