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Goldman Sachs Dumped Its XRP Holdings But ETFs Still Saw $67M Inflows: What’s Going On?

Investors Rotating Into Selective Altcoin Exposure

CoinShares Head of Research James Butterfill noted that investors are looking past Bitcoin and Ethereum for selective exposure. 

The divergence comes as XRP held up better than Ethereum during the recent selloff, down 5.1% over the past week compared with Ethereum’s 7.4% drop.

Goldman Sachs Dumped All XRP And Solana ETF Holdings

Goldman also dumped the entirety of its holdings in Bitwise Solana Staking ETF (NYSE:BSOL), Fidelity Solana Fund, Grayscale Solana Trust ETF, VanEck Solana ETF, Franklin Solana ETF, and 21Shares Solana ETF.

The firm maintained Bitcoin and Ethereum exposure with reduced stakes. Goldman reported holding 17.985…

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