American banking giant Goldman Sachs has disclosed substantial exposure to the cryptocurrency market, with its latest filing indicating holdings worth over $2 billion.
Specifically, the Wall Street titan reported $2.36 billion in crypto-linked investments in its latest Form 13F filing for the fourth quarter of 2025, representing about 0.33% of its total equity portfolio.
The holdings, reported as of December 31, 2025, are entirely through regulated spot exchange-traded funds (ETFs) rather than direct ownership of digital assets.
Bitcoin (BTC) and Ethereum (ETH) make up the bulk of the allocation. Bitcoin-focused ETFs account for about $1.1 billion, largely through BlackRock’s iShares Bitcoin Trust, with additional exposure via other issuers. Ethereum ETFs represent approximately $1.0 billion.
The filing also shows smaller allocations to alternative cryptocurrencies, with XRP-related ETFs totaling around $153 million, while Solana (SOL)-linked funds account for roughly
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