Goldman Sachs Holds $4.36M Worth of Grayscale Bitcoin ETF 'GBTC'

Source
Minseung Kang

Summary

  • Goldman Sachs revealed that it holds GBTC, Grayscale's Bitcoin spot ETF, worth $3.6 million.
  • Notably, Goldman Sachs also holds BlackRock's Bitcoin spot ETF IBIT worth $1.27 billion and Fidelity's Bitcoin spot ETF FBTC worth $288 million.
  • This portfolio composition by Goldman Sachs indicates significant investment interest in Bitcoin.

Global investment bank Goldman Sachs has been revealed to hold $3.6 million worth of Grayscale's Bitcoin (BTC) spot exchange-traded fund (ETF) GBTC.

On the 15th, cryptocurrency media CoinTelegraph reported, citing a 13F document filed with the Securities and Exchange Commission (SEC), that Goldman Sachs held $3.6 million worth of GBTC as of the fourth quarter of last year.

In addition, Goldman Sachs also holds $1.27 billion worth of BlackRock's Bitcoin spot ETF IBIT and $288 million worth of Fidelity's Bitcoin spot ETF FBTC.

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Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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