Goldman Reveals Massive Bitcoin Exposure

CN
U.today
关注
7小时前

Banking giant Goldman Sachs has unveiled a whopping $2.3 billion in Bitcoin ETF exposure in its latest 13F filing. This represents a $710 million increase compared to the fourth quarter of 2024.  


Notably, iShares Bitcoin Trust (IBIT) accounts for the vast majority of Goldman's Bitcoin exposure (roughly $1.9 billion). 


The banking behemoth also holds $374 million worth of the shares of Fidelity Wise Origin Bitcoin Fund (FBTC).


HOT Stories 'Crypto Mom' Peirce Weighs in on Meme Coins Goldman Reveals Massive Bitcoin Exposure Bitcoin (BTC) Stuck, Shiba Inu (SHIB) Doesn't Want to See Death Pattern Forming, XRP Price Breakthrough Might Be Next Binance to Delist These Five Popular Crypto Trading Pairs: Details

On top of that, it has negligible exposure to the Grayscale Bitcoin Trust ETF (GBTC). 


As reported by U.Today, Goldman Sachs CEO David Solomon recently described Bitcoin as an "interesting speculative asset" in an interview with CNBC. He also opined that the cryptocurrency would not pose a threat to the U.S. dollar.


However, the bank cannot hold cryptocurrencies due to regulatory constraints, according to Solomon. 


Apart from Goldman, Morgan Stanley, Bank of America and other major banks also previously purchased shares of spot Bitcoin ETFs on behalf of their clients. 


Goldman Sachs initially revealed holding $418 million worth of Bitcoin ETFs last August in its regulatory filing for the second quarter. 


Prior to this, Sharmin Mossavar-Rahmani, Goldman Sachs’ CIO of Asset & Wealth Management, stirred up some controversy after claiming that the bank did not view Bitcoin as an investment asset class. She also said that the bank's clients were not showing a lot of interest in crypto.


免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

分享至:
APP下载

X

Telegram

Facebook

Reddit

复制链接