Goldman Sachs Sells Bitcoin Shares
This is a US news story, published by CoinGape, that relates primarily to Bitcoin news.
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Goldman SachsCoinGape
•Goldman Sachs Discloses Massive Investments in Bitcoin ETFs During Q2
64% Informative
Goldman Sachs submitted the 13F filing disclosing its portfolio positions during the second quarter of Q2 .
As per the filing, the banking giant has exposure to seven different Bitcoin ETFs available in the US market.
Goldman Sachs is holding nearly 7 million shares of BlackRock’s iShares Bitcoin Trust ( IBIT ) worth a staggering $238 million .
The institutional exposure to spot BTC ETFs has been on the rise recently with more than 500 institutional investors allocating funds to these Bitcoin products.
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