Goldman Sachs Becomes Largest Holder of Bitcoin ETFs
- Goldman Sachs has overtaken Brevan Howard as the largest holder in Bitcoin ETFs.
- Brevan Howard holds approximately 25.5 million shares valued at $1.2 billion.
- BlackRock’s Bitcoin ETF inflows have reached $44.7 billion.
- Fidelity Wise Origin Bitcoin Fund has seen a net inflow of $11.7 billion.
- Institutional investments in Bitcoin began significantly post-2020, with companies like MicroStrategy and Tesla leading the way.
The surge in institutional investments highlights Goldman Sachs surpassing Brevan Howard in Bitcoin ETF holdings, reflecting a broader trend of significant financial entities embracing digital assets.
Source (2.6)https://coingape.com/goldman-sachs-tops-blackrocks-bitcoin-etf-holdings/?rand=24432