Goldman Sachs doubles investment in Bitcoin ETF, holdings increase to $1.5 billion in Q4 2024
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Odaily reported that according to the latest 13F filing submitted by Goldman Sachs on Tuesday, it increased its holdings in the two largest spot Bit ETFs in Q4 2024. As of December 31 last year, Goldman Sachs held $1.27 billion (or 24.07 million shares) of the BlackRock IBIT, an increase of 88% quarter-over-quarter. Goldman Sachs also increased its holdings in the Fidelity Wise Origin Bit Fund, holding $288 million worth of FBTC (3.5 million shares), an increase of 105% quarter-over-quarter. Goldman Sachs also reported smaller Bit ETF positions, which were either reduced or closed out. It is understood that institutional investment managers with at least $100 million in stock assets under management are required to file 13F reports with the US SEC each quarter to disclose their stock holdings.
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