Crypto:
31378
Bitcoin:
$62.206
% 3.28
BTC Dominance:
%57.2
% 0.10
Market Cap:
$1.58 Bn
% 0.01
Fear & Greed:
45 / 100
Bitcoin:
$ 62.206
BTC Dominance:
% 57.2
Market Cap:
$1.58 Bn

Goldman Sachs Reveals Massive Bitcoin ETF Stake

Bitcoin Etf Goldman Sachs

Based on its quarterly 13F disclosure with the Securities and Exchange Commission issued Tuesday, multinational financial services major Goldman Sachs has U.S. spot bitcoin exchange-traded fund shares valued around $418.65 million as of June 30.

With 6.9 million BlackRock iShares Bitcoin Trust shares valued at $238.6 million, the investment bank’s biggest bitcoin ETF holdings Third largest holder of the IBIT fund, Goldman Sachs ranks after Millennium Management and Capula Management Ltd., according to Fintel data.

Goldman Sachs also revealed 660,183 shares of Grayscale’s converted bitcoin fund, valued at $35.1 million, and 1.51 million of Fidelity’s FBTC shares, valued at $79.5 million. Macroscope on X first observed $56.1 million worth of Invesco Galaxy bitcoin ETF and shares of three other funds from Bitwise, WisdomTree, and Ark-21 Shares on its list of bitcoin ETF holdings.

Over $100 million in equity assets under the management institutional investment managers must turn in 13F disclosures periodically to the SEC. 13F filings provide an investment manager’s long stock position and option quarterly view. The reports’ limited value as a thorough review of portfolio strategy stems from their omission of short holdings, nevertheless.

One of the biggest hedge funds in Europe, Capula, disclosed in its 13F report earlier this month spot bitcoin ETF holdings of $464 million. Its two biggest holdings were also the spot bitcoin funds of BlackRock and Fidelity.

Bitcoin’s value increased 2,91% throughout the past 24 hours to trade for almost $60,861 at the time of writing.

 

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