Goldman Sachs Boosts Bitcoin ETF Holdings

Goldman Sachs significantly expanded its Bitcoin ETF holdings in Q4 2024, increasing its stake in the Ishares Bitcoin Trust ETF (IBIT) by 88% to $1.27 billion, according to its latest SEC filing. The firm also boosted its investment in the Fidelity Wise Origin Bitcoin Fund (FBTC) by 105%, now holding $288 million in shares. While […]

Feb 17, 2025 - 00:33
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Goldman Sachs Boosts Bitcoin ETF Holdings
Goldman Sachs Boosts Bitcoin ETF HoldingsGoldman Sachs significantly expanded its Bitcoin ETF holdings in Q4 2024, increasing its stake in the Ishares Bitcoin Trust ETF (IBIT) by 88% to $1.27 billion, according to its latest SEC filing. The firm also boosted its investment in the Fidelity Wise Origin Bitcoin Fund (FBTC) by 105%, now holding $288 million in shares. While […]