Key Highlights:
  • Goldman Sachs CEO David Solomon disclosed owning a small amount of bitcoin.

  • He previously described bitcoin as speculative but potentially a store of value.

  • Regulatory changes are slowly opening doors for banks.

  • Goldman reduced ETF exposure last quarter.

A Shift in Tone

David Solomon revealed he owns “very little” bitcoin, marking the first time he publicly acknowledged holding the asset.

Speaking at the World Liberty Forum, Solomon reiterated that he views bitcoin as speculative but acknowledged there could be a store-of-value case.

Goldman Sachs has historically supported blockchain innovation while taking a cautious stance on crypto.

Regulation Slowly Evolving

Solomon noted that regulatory changes have begun to shift what banks can do with digital assets. Meanwhile, Goldman reportedly reduced its holdings of spot bitcoin and ether ETFs last quarter.

His disclosure reflects a broader trend: traditional finance leaders who once dismissed crypto are increasingly participating, even if cautiously, as policy frameworks evolve and tokenization gains traction.

Read the full article on theblock.