Reported 2 days ago
Goldman Sachs has reported an 88% increase in its Bitcoin exchange-traded fund (ETF) holdings, totaling $1.27 billion, according to its latest filing with the SEC. The firm now holds over 24 million shares in the iShares Bitcoin Trust ETF and has also increased its investment in the Fidelity Wise Origin Bitcoin Fund by 105%. While some smaller Bitcoin ETF positions were reduced or closed, Goldman Sachs maintains significant call and put options related to these ETFs. Despite the inflows to Goldman Sachs, Bitcoin spot ETFs have experienced substantial outflows recently.
Source: YAHOO