Goldman Sachs SOL ETF Exit
Goldman Sachs' exit from Solana and XRP ETFs reflects a risk reduction strategy rather than a lack of confidence in Solana.
Too little corroboration in the last 3 days to call a trend (3 articles). Watching for it to gain traction.
Mainstream financial press is carrying this — attention has broadened beyond specialist outlets.
"Goldman Sachs sold its full Solana ETF position in Q1 per Crypto Briefing, even as Morgan Stanley doubled down, showing a split in conviction."
"Morgan Stanley filed a Solana ETF with the proposed MSOL ticker, which could bring institutional capital back. But at $85 and a $48 billion market cap, the path to a 2x takes months of grinding through resistance levels."
"Goldman dumped all SOL and XRP ETF holdings in Q1 2026 while keeping $700 million in Bitcoin ETFs, reflecting a risk reduction strategy rather than a rejection of Solana’s fundamentals."