Why Goldman Sachs Owning the XRP ETF Is Not the Bullish Signal Most People Think It Is

BitcoincomNews · 2026-03-12T14:19:15+00:00

Goldman Sachs' inclusion in the XRP and Solana ETFs sparked enthusiasm in the crypto market, likened to a coronation, but analyst James Seyffart offers a more cautious perspective on the implications.

BitcoincomNews

2026-03-12 14:19:15

Abstract generation in progress

Goldman Sachs appearing on the holder list of the newly launched XRP and Solana ETFs sent a ripple of excitement through crypto markets last week. A Wall Street giant owning a spot XRP ETF felt, to many, like a coronation. Bloomberg ETF analyst James Seyffart has a more sobering read of the situation — and it is worth hearing.

XRP-0.71%

SOL-0.21%

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