Goldman Sachs has quietly moved from skeptic to sizable crypto holder, according to new regulatory filings. The storied investment bank now holds roughly $2.36 billion in major digital assets — a shift that signals a more deliberate, long-term approach to cryptocurrencies. What Goldman owns (from the filings) - Bitcoin (BTC): about $1.1 billion - Ethereum (ETH): roughly $1.0 billion - XRP: $153 million - Solana (SOL): $108 million A clear pivot Goldman’s latest positions mark a sharp turn from its pre-2020 posture, when its research teams routinely labeled Bitcoin and other digital assets as risky and lacking intrinsic value. The bank largely excluded crypto from serious, long-term portfolios. That stance began softening as institutional interest surged around 2020: Goldman reopened its crypto trading desk and acknowledged Bitcoin’s potential role as an inflation hedge. What started as tentative engagement has evolved into a balanced portfolio of major tokens. Timing and political backdrop Goldman’s accumulation comes while U.S. lawmakers and regulators continue to debate how to police digital assets. Bank executives, including those at Goldman, are actively involved in those conversations in Washington — and one flashpoint is whether crypto platforms should be allowed to pay interest on stablecoins, mimicking bank savings products. Traditional banks warn that such programs could siphon deposits out of the banking system, creating risks for financial stability. Market turbulence as Goldman builds Goldman’s moves occur amid a rocky stretch for the crypto market that has erased billions of dollars in recent market value. At press time, BTC was trading near $66,900 after a 2.81% 24-hour decline, while ETH sat around $1,946, down 3.03%. Smaller holdings in Goldman’s book are under heavier pressure: XRP fell about 3.84% to $1.36 and Solana dropped 4.53%. Different strategies at rival banks Not every Wall Street giant is taking the same route. JPMorgan Chase, for example, has emphasized building digital finance infrastructure — from payment tokens to blockchain services — rather than accumulating spot crypto exposure. Put simply: Goldman is increasingly buying and holding major tokens; JPMorgan is focused on the plumbing of a tokenized financial system. What it means Goldman’s multi-hundred-million-dollar bets underscore how deeply crypto has penetrated institutional thinking. Whether this marks the start of a broader allocation trend or a strategic diversification tactic tied to regulatory outcomes remains to be seen — but it’s a clear signal that one of Wall Street’s most influential banks now treats crypto as an investable asset class, not just a speculative experiment. Disclaimer: This article is informational and not investment advice. Trading cryptocurrencies is high-risk; do your own research before making financial decisions. Read more AI-generated news on: undefined/news