Goldman Sachs Left $SOL and $XRP ETFs. The Market Replaced Them Instantly.
Goldman's exit headlines:
- $153M XRP ETF exposure: sold
- $100M SOL ETF position: sold
What happened next:
- SOL ETFs: $103M in inflows this month
- XRP ETFs: $100M in inflows this month
- Combined replacement: $200M+ from other buyers
The fear narrative requires Goldman to be the market. They are not.
Selective exit by one institution while $200M flows in is not a warning sign. It is confirmation that ETF demand has outgrown any single player.
Narrative reset in progress.