Goldman Sachs CEO Admits He Owns Bitcoin: Is Wall Street Finally All-In?

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• David Solomon confirms he personally owns Bitcoin, moving away from his historical role as a crypto skeptic.
  
• Goldman Sachs now holds over $1 billion in Bitcoin ETFs, alongside significant new stakes in Solana and XRP.
  
• Senator Bernie Moreno and Brian Armstrong anticipate a “win-win” crypto bill could pass the Senate by April 2026.

Goldman Sachs CEO David Solomon has revealed his personal stake in Bitcoin, marking a pivot from his previous skepticism. Speaking at the World Liberty Forum at Mar-a-Lago on Wednesday, February 18, 2026, Solomon characterized himself as an “observer” of the market rather than a high-conviction investor, admitting that while he owns some of the digital asset, his holdings remain minimal.

A Bridge Between Banks and Crypto

The disclosure highlights a broader evolution in how Wall Street’s elite perceive the digital asset ecosystem. Solomon dismissed the popular narrative that traditional banking institutions and cryptocurrency firms are natural enemies. Instead, he argued that both are increasingly operating within a singular, interconnected financial framework. According to Solomon, the primary friction point is not a lack of interest, but rather the rigid regulatory boundaries that prevent major banks from holding or trading Bitcoin directly.

The Goldman Sachs chief emphasized that “legislative clarity” remains the final hurdle for deeper institutional adoption. He notably aligned with the push for the “CLARITY Act,” suggesting that crypto firms resistant to legislative dialogue might find themselves better suited for jurisdictions like El Salvador.

Institutional Exposure Deepens

Despite Solomon’s personal “small” stake, Goldman Sachs’ balance sheet tells a more aggressive story. By the close of 2025, the bank’s indirect exposure to the sector surged, led by a massive $1.1 billion position in BlackRock’s iShares Bitcoin Trust (IBIT). The bank has also diversified its portfolio, reporting a combined $260 million in Solana and XRP exchange-traded funds, signaling a move beyond just the “Big Two” cryptocurrencies.

Also Read: Goldman Sachs Makes $2B Bet on Defined-Outcome ETFs With Innovator Acquisition

Policy Progress on Capitol Hill

The forum also featured a rare moment of optimism from Coinbase CEO Brian Armstrong and Ohio Senator Bernie Moreno. Appearing together on CNBC, the pair suggested that months of gridlock over the market structure bill may be nearing an end.

Moreno, a member of the Senate Banking Committee, expressed hope that the legislation could be finalized by April 2026. The sticking point remains stablecoin yields—banks are wary of firms offering rewards that compete with traditional savings—but Armstrong described the current negotiations as a “win-win” path. He noted that partnerships between Coinbase and traditional banks are already “leaning in,” aiming to solidify the United States as a global hub for financial innovation.

Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.