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Goldman Sachs Increases Bitcoin ETF Position to $1.5 Billion in Q4 2024

Goldman Sachs Increases Bitcoin ETF Position to $1.5 Billion in Q4 2024

Bitget2025/02/11 23:00

Goldman Sachs reported that the investment banking giant Goldman Sachs increased its Q4 2024 bitcoin ETF position to $1.5 billion, according to the firm's latest 13F filing on Tuesday. As of 31 December 2024, Goldman Sachs held $1.27 billion (or 24.07 million shares) in the BlackRock iShares Bitcoin Trust ETF (IBIT), the largest spot bitcoin ETF by asset under management (AUM), which represents an 88 per cent increase in Goldman Sachs' holdings from the previous quarter. Goldman Sachs also increased its stake in the Fidelity Wise Origin Bitcoin Fund with $288 million worth of FBTC (3.5 million shares). This holding represents a 105% increase from the previous period. Each quarter, institutional investment managers with at least $100 million in equity assets under management file 13F reports with the SEC. These reports are required to be filed within 45 days of the end of each quarter to provide insight into the manager's equity positions.

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