Lookonchain APP

App Store

Goldman Sachs Q1 Report: Liquidates XRP, SOL ETF, Contrarian Increase in Crypto Stocks

2026.05.18 18:07:01

May 18th, Goldman Sachs’ Q1 2026 13F filing with the U.S. Securities and Exchange Commission (SEC) shows the Wall Street giant sharply scaled back its crypto-related ETF holdings this quarter. The firm fully liquidated all its positions in XRP-linked ETFs, plus every Solana ETF it held from issuers including Grayscale, Bitwise, and Fidelity. For Bitcoin ETFs, Goldman still holds roughly $690 million in BlackRock’s IBIT and about $25 million in Fidelity’s FBTC—but both stakes dropped by around 10% compared to the prior quarter. Ethereum ETF exposures saw a far deeper cut: the firm slashed its holding in iShares’ Ethereum ETF (ETHA) by roughly 70%, leaving just $114 million in that position. Looking at individual crypto and fintech stocks, Goldman increased its stakes in Circle, Galaxy Digital, Coinbase, Robinhood, and PayPal during the first quarter, while trimming positions in names like Strategy and Riot Platforms.
Relevant content

Trend-following funds have taken a record short position in global bonds, with the US CPI report expected to be the key determinant of their profit and loss.

According to Bloomberg, data from UBS Group shows that Commodity Trading Advisors (CTAs), which seek to profit from price movements across various asset classes, tripled their underweight positions in bonds in July from two weeks prior. Since then, these bets have remained stable. If the upcoming U.S. Consumer Price Index (CPI) and Producer Price Index (PPI) push Treasury prices higher, the CTAs face the risk of losses. Strategist Nicolas Le Roux noted that a 1-basis-point move in the 10-year Treasury yield ahead of inflation data translates to roughly $300 million in profit or loss for CTAs, with this exposure being the largest UBS has recorded since it began compiling relevant data in 1990.

1 minutes ago

Brad Lightcap, head of special projects at OpenAI, is set to depart.

According to a report from The Information, Brad Lightcap, head of special projects and former chief operating officer (COO) of OpenAI, is set to leave the company. Over the past year, Lightcap’s internal responsibilities at OpenAI have undergone multiple adjustments, with his latest role being leading "special projects". A long-time core member of OpenAI’s management team, Lightcap shifted from his COO position to lead special projects in early 2026 during an executive reshuffle, overseeing cross-company matters including complex transactions and strategic investments, and reporting directly to CEO Sam Altman. His departure comes as OpenAI continues to expand its commercialization efforts, advance enterprise business and strategic partnerships. The company has previously implemented multiple rounds of organizational restructuring, including transferring some COO responsibilities to other executives. Brad Lightcap joined OpenAI in 2018, and prior to that held roles at Y Combinator and JPMorgan Chase. He was one of the key operations and business leaders during OpenAI’s transition from a research institute to a commercial AI company.

1 minutes ago

Fed's Goolsbee: The biggest problem facing the economy is inflation

Federal Reserve's Goolsbee said that as long as consumption remains robust, the economy will stay healthy. The biggest problem facing the economy is inflation. (Jinshi)

1 minutes ago

Market News: ZoomInfo Data Now Integrated into Microsoft Copilot Studio

According to market reports, ZoomInfo data has now been integrated into Microsoft Copilot Studio, and is available for use in Microsoft 365 Copilot, Dynamics 365, Excel, and Word.

1 minutes ago

OpenAI Special Projects Lead Brad Lightcap to Step Down

According to a report from The Information, Brad Lightcap, OpenAI’s head of special projects and former chief operating officer, is set to leave the company.

1 minutes ago

US Energy Information Administration: The ongoing disruption to Middle East crude oil production, estimated at around 600,000 barrels per day, is expected to persist until the end of 2027.

The U.S. Energy Information Administration (EIA) forecasts that the ongoing disruption to Middle East crude oil production, at roughly 600,000 barrels per day, will persist until the end of 2027.

1 minutes ago

Popular tokens

BitcoinEthereumHyperliquidSolanaTRONBNBTetherAaveXRPPepeFartcoinOndoJupiterUniswapBonkPendleEthenaArbitrumAvalancheLidoChainlinkPolygonDogecoinCardano