Crypto Markets Retreat on Hawkish Fed Signals and Stablecoin Regulatory Uncertainty
From the Bitcoin Suisse Trading Desk: Daily Market Update 11.02.26
First major institutional rebalancing captured in 13F data: Goldman cutting beta exposure (BTC/ETH down 39%/27%) while adding alternative L1 exposure (XRP/SOL $261M).

Timmy Shen
@timmyhmshen
02-11
Investment bank @GoldmanSachs trimmed its spot $BTC and $ETH ETF holdings in Q4 2025, filings show.
The firm cut its spot bitcoin ETF positions to $1.06 billion, down 39% in share holdings from Q3, and reduced spot ether ETF holdings by 27%, according to The Block's calculations
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