Goldman Sachs CEO David Solomon has long been reserved about cryptocurrencies, describing them in 2024 as “speculative assets lacking practical use.” However, at the recent “World Liberty Forum” held at Mar-a-Lago, Solomon admitted that he personally holds a “very small amount” of Bitcoin.
Goldman Sachs CEO Breaks Silence: From Skeptic to Bitcoin Holder
Goldman Sachs CEO David Solomon has maintained a cautious stance on cryptocurrencies for years, calling them “speculative assets lacking practical use” in 2024. According to Bloomberg, on Wednesday (2/18), at the “World Liberty Forum” at Mar-a-Lago in Florida, Solomon publicly disclosed that he currently owns a “very small amount” of Bitcoin. While emphasizing that he remains an “observer” rather than a predictor of the asset, this statement signifies a subtle and crucial shift in Wall Street’s traditional attitude toward cryptocurrencies.
Regulatory Windfall Unleashed: Wall Street’s Shift Under Trump Administration Policies
The change in Solomon’s attitude is largely attributed to the dramatic shifts in the U.S. regulatory environment. With the signing of the GENIUS Act by the Trump administration in 2025, the U.S. established its first major cryptocurrency regulatory framework. The legislation not only brought stablecoins under federal regulation but also opened the door for traditional banks to participate in digital asset settlement and tokenization. Solomon stated that Goldman Sachs is actively exploring test sites for tokenization and stablecoin technology, while closely monitoring legislative developments in the U.S. market structure.
Market Turmoil: Goldman Sachs ETF Holdings Show Defensive Posture
Although the CEO personally has begun holding Bitcoin, Goldman Sachs’s corporate positioning appears more cautious. According to its disclosure data, Goldman Sachs significantly reduced its holdings of approximately 40% in Bitcoin and Ethereum spot ETFs. This adjustment reflects a risk-hedging response after Bitcoin’s price fell from a high of $120,000 at the end of 2025. As of February 2026, Bitcoin’s price has hovered around $67,000, indicating market pressures from high interest rates and geopolitical tensions. However, Goldman Sachs increased its holdings of newly launched XRP and Solana ETFs, signaling a strategic shift toward diversification.
This article, “Former Skeptics Turned Advocates: Goldman Sachs CEO Admits to Holding Bitcoin,” first appeared on Chain News ABMedia.
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