Goldman Sachs Increases Bitcoin ETF Holdings in Q4 2024
- Goldman Sachs expanded its stake in the Ishares Bitcoin Trust ETF (IBIT) by 88%.
- The firm’s IBIT holdings reached $1.27 billion.
- Investment in the Fidelity Wise Origin Bitcoin Fund (FBTC) rose by 105%.
- Goldman Sachs now holds $288 million in FBTC shares.
In Q4 2024, Goldman Sachs significantly increased its Bitcoin ETF investments, with an 88% rise in its Ishares Bitcoin Trust ETF holdings to $1.27 billion and a 105% increase in the Fidelity Wise Origin Bitcoin Fund to $288 million.
Source (2.6)https://news.bitcoin.com/goldman-sachs-boosts-bitcoin-etf-holdings/?rand=52384