[2025-02-12] The latest IT, economic, blockchain and coin news
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2025-02-12 | Curator: CryptoTerminal
Goldman Sachs Doubles Down on Bitcoin ETFs, Increases Holdings by 120% in Q4
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. F...