2024-08-15
Goldman Sachs is a leading global
investment banking, securities, and investment management firm. It provides
asset management and investment banking services.
On June 30, 2024, Goldman Sachs has
disclosed investments in Bitcoin ETFs during the second quarter (Q2), as
revealed in their 13F filings.
Its shares in bitcoin ETF shares worth
$418 million, indicating a growing institutional interest in the asset class.
The largest investment was in the
iShares Bitcoin Trust (IBIT), with nearly 7 million shares valued at
approximately $238 million.
Other notable holdings include 1.5
million shares of Fidelity’s Bitcoin ETF (FBTC) worth nearly $80 million, and
positions in Invesco Galaxy’s BTC ETF (BTCO), Grayscale’s GBTC, and others.
This move underscores the increasing
acceptance of Bitcoin and cryptocurrency assets within the traditional
financial sector.
