Goldman Sachs Reveals Its Spot Bitcoin ETF Amount!

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Bitcoinsistemi2024/08/14 09:24

By:Elif Azra Güven

Goldman Sachs said it has positions in seven of the 11 spot Bitcoin ETFs in the US, according to its 13F filing.

US banking giant Goldman Sachs has revealed that it has positions in various spot Bitcoin ETFs, according to its 13F filing.

Goldman Sachs noted in its quarterly 13-F report that it has positions in seven out of 11 BTC ETFs in the US.

Accordingly, Goldman Sachs stated that its largest asset is iShares Bitcoin Trust (IBIT) with $238.6 million, followed by Fidelity's Bitcoin ETF (FBTC) with $79.5 million, then Invesco Galaxy's BTC ETF (BTCO) with $56.1 million and Grayscale's GBTC with $35.1 million, and BITB, BTCW and ARKB with small positions.

“The Bitcoin ETF was clearly a success,” Mathew McDermott, global head of digital assets at Goldman Sachs, said in a statement that spot Bitcoin ETFs were a “major psychological turning point” for the industry.

*This is not investment advice.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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