The investment bank increases its positions in the two main spot Bitcoin ETFs in the last quarter of 2024.
Goldman Sachs has increased its investments in Bitcoin-related ETFs during the last quarter of 2024, according to the latest 13F filing submitted to the SEC on February 11.
The banking giant has raised its investment in BlackRock’s iShares Bitcoin Trust (IBIT) to $1.27 billion, equivalent to 24.07 million shares, marking an 88% increase compared to the previous quarter.
At the same time, the bank has also strengthened its position in the Fidelity Wise Origin Bitcoin Fund, reaching $288 million (3.5 million shares), with a 105% increase over the previous period. The institution has also maintained some smaller positions in other Bitcoin ETFs.
The data comes from 13F filings, which institutional investment managers with assets exceeding $100 million are required to submit to the Securities and Exchange Commission within 45 days of the end of each quarter. These reports provide a detailed overview of the stock holdings of major financial players.
