Goldman Sachs has reported holding $1.558 billion worth of Bitcoin exchange-traded funds (ETFs) from BlackRock and Fidelity.
The firm disclosed this figure in a recent 13F filing with the SEC. The filing, covering the fourth quarter of 2024, details significant increases in Bitcoin ETF positions as of December 31. The latest data highlights Goldman Sachs’ growing exposure to crypto-related investment products.
Goldman Sachs Expands Bitcoin ETF Holdings
The filing shows that Goldman Sachs held $1.27 billion in BlackRock’s iShares Bitcoin Trust (IBIT), translating to 24,077,861 shares. This represents an 88% increase in IBIT shares compared to the previous quarter’s filing.
Additionally, the firm reported $288 million in Fidelity’s Wise Origin Bitcoin Trust (FBTC), equating to 3,530,486 shares. This also reflects a 105% rise in holdings from the prior period.
While these…
