The financial firm held about $1.3 billion of BlackRock’s Bitcoin ETF shares and $300 million of Fidelity’s. Exchange-traded funds let investors gain exposure to an asset with

Goldman Sachs increased its Bitcoin exposure in Q4 2024, boosting its holdings in Bitcoin exchange-traded funds (ETFs) by 88%, according to its latest SEC filing.

Goldman Sachs boosts Bitcoin ETF investment with a 105% rise in holdings and strategic options, signaling institutional crypto interest.

Learn about the Return Stacked U.S. Stocks & Gold/Bitcoin ETF, which is one of Wall Street’s latest ETFs that have been filed for with the U.S. Securities Exchange Commission.

The bank's clients are likely involved in the basis trade, rather than making a directional bet, said an analyst.

In a recent 13F filing, Goldman Sachs disclosed increasing its Bitcoin holdings in the last quarter of 2024. The major growth of the BTC portion in the bank’s portfolio was immediately noticeable compared to the previous quarter.

Goldman Sachs has increased its cryptocurrency exposure to $1.5 billion through Bitcoin ETFs in Q4 2024, while also maintaining $760 million in options positions and growing its Ethereum holdings to $476.

Goldman Sachs kept buying spot Bitcoin and Ether ETFs in the fourth quarter of 2024 — increasing positions by 114% and 2,000%, respectively.

Goldman Sachs has boosted its crypto ETF holdings to $2.05 billion, reflecting rising institutional demand amid shifting macro conditions.

U.S. spot Bitcoin ETFs hold $111.78 billion in BTC or 5.92% of its market cap. Goldman Sachs holds $1.27 billion in BlackRock’s BTC ETF and