Goldman Sachs Increases Bitcoin ETF Stake Over $1.5 Billion In Q4, Reports A Massive 1793% Jump In Ethereum ETF Holdings
Posted On February 12, 2025
Investment banking giant Goldman Sachs (NYSE:GS) loaded up more shares of Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) spot exchange-traded funds in the fourth quarter of 2024, according to its latest 13F filing with the SEC.
What happened: The Wall Street giant reported a significant stake in Fidelity Wise Origin Bitcoin Fund (BATS:FBTC), with 3.53 million shares valued at $288.01 million. Goldman Sachs bought an additional 1.8 million shares of FBTC in the fourth quarter ending Dec. 31.
Additionally, it increased its exposure to the iShares Bitcoin Trust …
About The Author
