Reported about 12 hours ago
Goldman Sachs has significantly boosted its investments in Bitcoin and Ethereum, holding around $1.3 billion in BlackRock’s Bitcoin ETF shares, $300 million in Fidelity’s, and nearly $500 million in Ethereum ETFs. The bank's crypto ETF holdings surged by 50% from the previous quarter, reflecting broader institutional interest in digital assets, particularly following the launch of spot Bitcoin ETFs in early 2024. This rising trend showcases the growing sophistication of major investors in the crypto market.
Source: YAHOO