Goldman Sachs disclosed significant crypto exposure in its Q4 2025 13F filing, revealing over $2.36 billion in digital asset holdings.
File shows $1.1 billion in Bitcoin, $1.0 billion in Ethereum, $153 million in $XRPand $108 million in Solana, representing an allocation of 0.33% of its stated investment portfolio.
“Goldman Sachs 13F filing for Q4 2025 reveals $2.36 billion in crypto assets, marking a 15% quarter-over-quarter increase despite market volatility.”
Crypto is probably the only place you started earlier than banks. But if you sold your crypto last quarter, while banks…
– CZ 🔶BNB (@cz_binance) February 10, 2026
The banking giant joins $XRP Exposure
The disclosure places Goldman among the major U.S. banks with the most exposure to cryptocurrency-related assets, although this still represents only a small percentage of total holdings.
A closer look at the record shows that Goldman $XRP The exhibition specifically goes through $XRP Exchange-traded funds with holdings valued at approximately $152 million.
Goldman Sachs disclosure reveals they buy/hold the $XRP The ETF is valued at $152 million. I was saying that in previous days you could see the institutional buy signals in the big one minute volume spikes.
THE $XRP The ETF closed today just under $15 million. pic.twitter.com/8Uq4FHDini
– Chad Steingraber (@ChadSteingraber) February 10, 2026
American spot $XRP The ETFs currently hold over $1.04 billion in total net assets. $XRP The ETFs have been trading for 56 days now and have only seen 4 days of outflows.
Goldman Sachs is one of the world’s most influential investment banks, advising governments and corporations on mergers, capital markets and restructuring.
WE $XRP Daily entry of ETFs. Source: SoSoValue
At the start of 2026, the investment bank oversaw approximately $3.6 trillion in assets under supervision for institutional and private clients. It also operates large trading, asset management and wealth management businesses.
As a market barometer, its portfolio insights often reflect broader institutional sentiment.
Historical position of Goldman Sachs on Bitcoin
Historically, Goldman’s public stance on Bitcoin has been skeptical.
Before 2020, executives and research teams described Bitcoin as a speculative asset with limited use as currency and no intrinsic cash flows.
The company has always viewed crypto as unsuitable for conservative portfolios and highlighted volatility and regulatory risk.
This position began to soften after 2020, as institutional demand increased. Goldman has restarted its cryptocurrency trading desk, expanded access to derivatives and produced research recognizing Bitcoin’s role as a potential hedge against inflation, but without endorsing it as a core asset class.
After the crypto winter of 2022, the company has once again highlighted infrastructure and counterparty risks.
More recently, Goldman has opted for a cautious holding. He has engaged through ETFs, structured products and tokenization initiatives, while maintaining that crypto remains speculative.
