Categories Crypto News

Goldman Sachs Reveals $418 Million Bitcoin ETF Holdings

Goldman Sachs has disclosed new positions in several Bitcoin-related exchange-traded funds, revealing, for the first time, just how much the banking giant has invested into such products on behalf of clients.

The disclosure came via the bank’s latest 13F filing for the quarter ending June 30, released after markets closed on Tuesday.

The financial services giant reported new holdings in BlackRock’s iShares Bitcoin Trust valued at $238.6 million, representing 6,991,248 shares, per the filing.

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