Goldman Sachs Increases Bitcoin and Ethereum Holdings Significantly
- Goldman Sachs’ Bitcoin ETF holdings rose to $1.57 billion, a 121.1% increase from Q3.
- The bank added $288 million to Fidelity’s Wise Origin Bitcoin ETF, up 105% from the previous quarter.
- Goldman holds $3.6 million in Grayscale’s Bitcoin Trust.
- Options trading positions total $760 million, with significant put and call positions.
- Ethereum exposure increased to $476.5 million from $25.1 million, a nearly 19-fold rise.
Goldman Sachs has significantly expanded its cryptocurrency investments, with Bitcoin ETF holdings reaching $1.57 billion and Ethereum exposure increasing nearly nineteen times to $476.5 million in Q4.
Source (2.6)https://decrypt.co/305522/goldman-sachs-doubles-down-on-bitcoin-etfs-increases-holdings-by-120-in-q4?rand=52368