Goldman Sachs has significantly ramped up its Bitcoin exchange-traded funds (ETF) holdings, according to its latest 13F filing with the U.S. Securities and Exchange Commission (SEC).
The Wall Street giant now holds $1.57 billion across various Bitcoin ETFs, up 121.1% from the $710 million reported in Q3.
The bank’s largest exposure lies in BlackRock’s iShares Bitcoin Trust (IBIT), where it now holds 24.07 million shares worth $1.27 billion, a more than 88% jump in shares since its last filing.
For investors and market observers, Goldman’s expanded positions point to a robust shift in institutional investment towards Bitcoin (BTC) and, to a lesser extent,
This content is only available for Essential users.
Already have an account? Sign in
0 Comment