Goldman’s Q1 13F shows its Q4 alt-ETF rotation was gone by March 31: no reported XRP or Solana ETF stakes after holding $152.2M of XRP funds and $108.9M of Solana funds last quarter. Direct Bitcoin ETF exposure still sits near $716M, while its iShares Ethereum Trust common stake fell to $114.2M from $613.5M, with another $66.9M in iShares Staked Ethereum Trust. The bank leaned harder into crypto equities instead, raising Circle, Galaxy, and Coinbase exposure while trimming Strategy, IREN, Bit Digital, and Riot.

TLDR by @Benthic

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