Goldman Sachs Now Holds $410 Million Worth of Bitcoin ETFs

Banking giant Goldman Sachs submitted the 13F filing disclosing its portfolio positions during the second quarter of Q2.

Banking giant Goldman Sachs submitted the 13F filing disclosing its portfolio positions during the second quarter of Q2. As per the SEC filing, the banking giant has exposure to seven different Bitcoin ETFs available in the US market.

Goldman Sachs and Bitcoin ETF Exposure

As per the disclosure, Goldman Sachs is holding nearly 7 million shares of BlackRock’s iShares Bitcoin Trust (IBIT) worth a staggering $238 million. Similarly, it holds 1.5 million shares of Fidelity ETF FBTC worth nearly $80 million. Below is the complete disclosure of Goldman Sachs’ holdings across different funds.

After the market closed today, Goldman Sachs filed a 13F disclosing the following positions as of June 30:

$238.6 million iShares Bitcoin Trust (6,991,248 shares)

$79.5 million Fidelity Bitcoin ETF (1,516,302 shares)

$35.1 million Grayscale BTC (660,183 shares)

$56.1 million…

— MacroScope (@MacroScope17) August 13, 2024

These 13F filings specifically highlight how big market players are trading their BTC ETFs. Going ahead, more companies will submit their filings while disclosing their ETF investments during Q2.

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