Goldman Sachs doubles investment in Bitcoin ETF, increasing holdings to $1.5 billion in Q4 2024

2025-02-12 08:04:22

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ChainCatcher message, according to the latest 13F filing submitted by Goldman Sachs on Tuesday, it increased its holdings in the two largest spot Bitcoin ETFs in Q4 2024.

As of December 31 last year, Goldman Sachs held $1.27 billion (or 24.07 million shares) of BlackRock's IBIT, an increase of 88% quarter-over-quarter.

Goldman Sachs also increased its holdings in the Fidelity Wise Origin Bitcoin Fund, holding $288 million of FBTC (3.5 million shares), an increase of 105% quarter-over-quarter. Goldman Sachs also reported smaller Bitcoin ETF positions, which either decreased or were closed out.

It is understood that institutional investment managers managing at least $100 million in stock assets submit 13F reports to the U.S. SEC each quarter. These reports are required to be submitted within 45 days after the end of each quarter to provide insight into the managers' stock holdings.

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