Goldman Sachs Boosts Holdings in BlackRock’s Bitcoin ETF; PAIRMiner Highlights Growth in Cloud Mining Participation
Posted On May 20, 2025
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LOS ANGELES, May 20, 2025 (GLOBE NEWSWIRE) — Institutional confidence in Bitcoin continues to rise, as Goldman Sachs recently increased its holdings in BlackRock’s iShares Bitcoin Trust (IBIT) by 28%. Now holding over 30.8 million shares valued at more than $1.4 billion, Goldman Sachs is the largest institutional investor in the fund. This move reflects a broader trend of traditional financial institutions integrating digital assets into their investment portfolios.
Alongside growing institutional interest, retail participation in cryptocurrency …
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