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Goldman's shift towards Bitcoin and regulated blockchain firms highlights a trend of institutional preference for more stable crypto investments. The post Goldman Sachs exits XRP and Solana ETFs, raises Bitcoin call options stake appeared first on Crypto Brie…
Goldman's Circle exposure surged by nearly 250%. Goldman Sachs fully liquidated its holdings in XRP and Solana exchange-traded funds in the first quarter, according to a recent filing, while continui… [+2141 chars]
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It is a low-cost Bitcoin ETF that currently holds $4.14 billion in net assets and charges a 0.15% fee.
The firm highlighted the sale to draw attention to potential risks and volatility associated with the seller's leveraged Bitcoin accumulation model.
At a 0.15% fee, it is among the lowest-cost options available compared to other funds like HODL or BRRR, which charge 0.25%.