Goldman Sachs made a major increase in Bitcoin ETFs last year! Detailed explanation of the holding scale of US$1.5 billion

The latest 13F report submitted by Goldman Sachs shows that the Wall Street giant significantly increased its holdings in Bitcoin spot ETFs in the fourth quarter of 2024, with a total investment of up to US$1.5 billion.

Report data shows that as of December 31, 2024, Goldman Sachs held 24.07 million shares of BlackRock's iShares Bitcoin Trust ETF (IBIT), worth approximately US$1.27 billion, an increase of 88% month-on-month.

At the same time, Goldman Sachs also increased its holdings in Fidelity's Fidelity Wise Origin Bitcoin ETF (FBTC), with a quarterly holding of 3.5 million shares, worth approximately US$288 million, an increase of 105%.

While Goldman Sachs also holds some other Bitcoin spot ETFs, some of the positions have decreased or been cleared in the quarter.

According to the Securities and Exchange Commission (SEC), institutional investors with asset management exceeding $100 million must submit 13F reports every quarter to disclose their portfolio information. These reports are seen as important indicators for interpreting Wall Street investment trends, and market participants often use this to judge the latest trends of institutional investors.

The above is the detailed content of Goldman Sachs made a major increase in Bitcoin ETFs last year! Detailed explanation of the holding scale of US$1.5 billion. For more information, please follow other related articles on the PHP Chinese website!