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Goldman Sachs just made a major move that's turning heads across the crypto space. The banking giant completely exited its XRP and Solana ETF positions in Q1 2026. Let's break this down.
At one point, Goldman held over 150 million USD in XRP ETFs and nearly 108 million USD in Solana ETFs. Now? Both are down to zero. They also slashed their Bitcoin and Ethereum ETF exposure significantly as the broader crypto market faced headwinds early this year.
But here's the real story. While selling off the old guard, Goldman quietly started building a position in HYPE, the native token of the Hyperliquid ecosystem. This is a huge signal.
Hyperliquid is quickly becoming Wall Street's new favorite playground. It's a decentralized trading platform that operates 24/7, supporting everything from crypto and commodities to pre-IPO stocks like SpaceX and Cerebras. That kind of flexibility is exactly what institutional money craves.
This shift tells us something important. The big players are moving beyond simple spot ETFs and looking toward next-gen decentralized trading infrastructure. They want access, speed, and diversity. Hyperliquid is delivering exactly that.
The narrative is changing. Smart money is rotating out of legacy positions and into platforms that bridge traditional finance with on-chain innovation. Keep your eyes on this trend.
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