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Goldman Sachs Discloses $418 Million Bitcoin ETF Holdings

Started by Bitcoin, Aug 16, 2024, 06:02 am

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Goldman Sachs Discloses $418 Million Bitcoin ETF Holdings

Goldman Sachs Discloses $418 Million Bitcoin ETF HoldingsGlobal investment bank Goldman Sachs has reported holdings of $418 million in spot bitcoin exchange-traded funds (ETFs) in the second quarter. Its biggest position is a $238 million stake in Blackrock's Ishares Bitcoin Trust (IBIT). In contrast, Morgan Stanley reduced its bitcoin ETF holdings. Meanwhile, hedge funds are taking a more aggressive stance in the […]

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