Goldman Sachs Reveals $418 Million Bitcoin ETF Holdings in Latest Quarterly Filing - Decrypt
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The financial services giant reported new holdings in BlackRock’s iShares Bitcoin Trust valued at $238.6 million, among others. Goldman’s Bitcoin position reflects a broader trend within the financial industry, where initial skepticism has gradually given way to cautious acceptance and integration o
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- The financial services giant reported new holdings in BlackRock’s iShares Bitcoin Trust valued at $238.6 million, among others.
- Goldman’s Bitcoin position reflects a broader trend within the financial industry, where initial skepticism has gradually given way to cautious acceptance and integration of digital assets into mainstream financial products.
- Other notable positions from the bank include $79.5 million in the Fidelity Bitcoin ETF, $35.1 million in the Grayscale Bitcoin Trust, and $56.1 million in the Invesco Galaxy Bitcoin ETF.
- institutional adoption of Bitcoin ETFs has seen explosive growth in 2024.
- iShares Bitcoin ETF has attracted approximately $20.5 billion in cumulative net inflows this year alone
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