Goldman Sachs Holds $1.8B in Crypto ETFs

Goldman Sachs Holds Nearly $2 Billion in Bitcoin and Ethereum ETFs

• Goldman Sachs owns 24,077,861 shares of IBIT valued at over $1.33 billion.
• The bank holds 3,530,486 shares of Fidelity Wise Origin Bitcoin (FBTC) worth more than $300 million.
• It has 49,183 shares of Grayscale Bitcoin Trust (GBTC) valued at over $3.7 million.
• In Ethereum assets, Goldman Sachs owns 7,024,747 shares of Fidelity Ethereum Fund (FETH), worth over $191.1 million.
• The firm also holds 200,000 shares of Grayscale Ethereum Mini Trust ETF valued at more than $5.1 million.

Goldman Sachs’ holdings in Bitcoin and Ethereum ETFs total nearly $2 billion, highlighting significant investments in digital asset funds without direct cryptocurrency ownership due to regulatory constraints. CEO David Solomon noted the need for regulatory changes before engaging directly with cryptocurrencies.