Goldman Sachs Owns $418 Million in Bitcoin Spot ETF During Q2
CryptoNewsTerminal Staff13 Aug, 2024
Goldman Sachs Owns $418 Million in Bitcoin Spot ETF During Q2
Goldman Sachs has shown interest in cryptocurrencies by acquiring a significant amount of Bitcoin Spot ETF. According to the U.S. Securities and Exchange Commission (SEC), the reputable investment bank held $418 million worth of BTC Spot ETF as of June 30th. The portfolio comprises different bitcoin ETFs, including: - $238.6 million worth of BlackRock IBIT - $79.7 million Fidelity ETF - $56.1 million Invesco Galaxy ETF - $35.1 million Grayscale ETF - $750,000 WisdomTree ETF Goldman Sachs' move aligns with the growing institutional adoption of cryptocurrencies.
