Since the second quarter, Goldman Sachs has added $300 million to its portfolio in Bitcoin ETF holdings, increasing exposure by 71%.
Goldman Sachs, a major global investment bank once critical of Bitcoin, has disclosed significant holdings in Bitcoin exchange-traded funds (ETFs).
In a Nov. 14 filing with the United States Securities and Exchange Commission (SEC), Goldman Sachs reported approximately $718 million in holdings in eight Bitcoin (BTC) ETFs.
The report disclosed a $461 million investment in BlackRock’s spot Bitcoin ETF, the iShares Bitcoin Trust ETF (IBIT).
