Goldman Sachs just showed its Q1 hand -- and it's more complicated than the headlines. The bank exited XRP and Solana ETF positions entirely, while trimming Bitcoin and Ether ETF exposure. On the surface that looks bearish. But Goldman simultaneously reshaped equity bets toward crypto-adjacent names and maintained positions in BTC mining stocks. This isn't capitulation -- it's rotation. Goldman is pivoting away from altcoin ETF beta toward harder, more liquid crypto instruments. It's the same story we've seen from institutional players all cycle: allocate to BTC first, trim the altcoin long tail, keep optionality without the volatility risk. The broader context: $1.07B in crypto fund outflows last week ended a six-week inflow streak. Iran tensions and rising Treasury yields pulled institutional money to the sidelines. Goldman's move may be early signal of a broader flight to quality within crypto -- BTC dominance is now at 58.15%. Is Goldman's rotation a leading indicator or just noise? #GoldmanCryptoPivot