Goldman Sachs Increases Bitcoin ETF Holdings to $710M

CoinMarketCap11-15 21:49

Key Points: Goldman Sachs has significantly increased its Bitcoin ETF investments, signaling growing institutional interest in cryptocurrencies. This move comes amid record inflows into spot Bitcoin ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2483142379?lang=en_US&edition=fundamental","thumbnail":"https://academy-public.coinmarketcap.com/srd-optimized-uploads/f23808a4aef04ceaad1f2f3beea2e097.jpeg","is_english":true,"pubTime":"2024-11-15 21:49","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2483142379","market":"us","top_or_hot":-1,"title":"Goldman Sachs Increases Bitcoin ETF Holdings to $710M","media":"CoinMarketCap","content":"<div>\n<p>Key Points:\n\nGoldman Sachs has significantly increased its Bitcoin ETF investments, signaling growing institutional interest in cryptocurrencies.\nThis move comes amid record inflows into spot Bitcoin ...</p>\n\n<a href=\"https://coinmarketcap.com/community/articles/673751670a9c5e03ba5892d1/\">Source Link</a>\n\n</div>\n","source":"coinmarketcap_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman Sachs Increases Bitcoin ETF Holdings to $710M</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoldman Sachs Increases Bitcoin ETF Holdings to $710M\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-15 21:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://coinmarketcap.com/community/articles/673751670a9c5e03ba5892d1/><strong>CoinMarketCap</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key Points:\n\nGoldman Sachs has significantly increased its Bitcoin ETF investments, signaling growing institutional interest in cryptocurrencies.\nThis move comes amid record inflows into spot Bitcoin ...</p>\n\n<a href=\"https://coinmarketcap.com/community/articles/673751670a9c5e03ba5892d1/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1989771016.USD","symbol_name":"东方汇理环球老龄化投资基金 A2 Acc","start_time":0,"source_url":"https://coinmarketcap.com/community/articles/673751670a9c5e03ba5892d1/","article_id":"2483142379","we_media_id":null,"thumbnails":["https://academy-public.coinmarketcap.com/srd-optimized-uploads/f23808a4aef04ceaad1f2f3beea2e097.jpeg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2483142379","pubTimestamp":1731678563,"sourceInfo":{"source_id":"coinmarketcap_highlight","name":"CoinMarketCap"},"weMediaInfo":null,"summary":"Goldman Sachs has significantly increased its Bitcoin ETF investments, signaling growing institutional interest in cryptocurrencies.This move comes amid record inflows into spot Bitcoin ETFs, driven by expectations of a pro-crypto regulatory environment.Goldman Sachs has significantly boosted its Bitcoin ETF holdings, highlighting the rising interest in digital assets among traditional financial institutions.Goldman Sachs' Bitcoin ETF Holdings Surge to $710 Million. According to the 13F filing submitted to the U.S. Securities and Exchange Commission  for the quarter ending September 30, 2024, Goldman Sachs, a Wall Street giant, holds $710 million in crypto assets through various Bitcoin ETFs.Specifically, the report to the SEC shows that Goldman Sachs has increased its positions in major Bitcoin ETFs, including:. The bank's largest holding is in BlackRock's iShares Bitcoin Trust , with 12.7 million shares . This represents an 83% increase from the previous report in August when the ban","collect":0,"end_time":0,"defaultTopTitle":"coinmarketcap.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1989771016.USD":"东方汇理环球老龄化投资基金 A2 Acc","BLK":"贝莱德","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","GBTC":"Grayscale Bitcoin Trust","LU2430703095.HKD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4\" (HKD) INC","BK4594":"比特币ETF概念","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","LU2430703178.SGD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (SGDHDG) INC","LU1599440770.SGD":"FIDELITY GLOBAL DIVIDEND \"A\" (SGDHDG) INC","FDN":"First Trust Dow Jones Internet I","LU1670628061.USD":"M&G (LUX) NORTH AMERICAN DIVIDEND \"A\" (USD) INC","LU1791807156.HKD":"BGF WORLD FINANCIALS \"A2\" (HKDHDG) ACC","LU2237443549.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA SGD-H","BITO":"ProShares Bitcoin ETF","IE0004086264.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"A\" (USD) ACC","EZBC":"Franklin Bitcoin ETF","LU2237443622.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc USD","LU2237443978.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc SGD-H","LU1481011671.HKD":"FIDELITY GLOBAL DIVIDEND \"A\" (HKDHDG) INC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","BK4588":"碎股","IE00BFXG1179.USD":"BNY MELLON U.S. EQUITY INCOME \"B\" (USD) INC","LU2592432038.USD":"WELLINGTON MULTI-ASSET HIGH INCOME \"A\" (USD) ACC","LU1481011911.USD":"FIDELITY GLOBAL DIVIDEND \"A\" (USDHDG) INC","LU2237443465.HKD":"abrdn SICAV I -  GLOBAL DYNAMIC DIVIDEND \"A\" (HKD) INC","BK4552":"Archegos爆仓风波概念","BRRR":"Valkyrie Bitcoin Fund","BTCO":"Invesco Galaxy Bitcoin ETF","FBTC":"Fidelity Wise Origin Bitcoin Fund","BTCW":"WisdomTree Bitcoin Fund","IBIT":"iShares Bitcoin Trust","LU2505996509.AUD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (AUDHDG) INC","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","DEFI":"Hashdex Bitcoin ETF","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","BK4127":"投资银行业与经纪业","IE00B3PB1722.GBP":"GUINNESS GLOBAL EQUITY INCOME \"C\" (GBP) INC","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","IE00B42XCP33.USD":"GUINNESS GLOBAL EQUITY INCOME \"C\" (USD) INC","LU0731783394.SGD":"Fidelity Global Dividend A-MINCOME(G)-SGD","BK4516":"特朗普概念","IE00BVYPNV92.GBP":"GUINNESS GLOBAL EQUITY INCOME \"C\" (GBP) ACC","LU2237443895.HKD":"abrdn SICAV I -  GLOBAL DYNAMIC DIVIDEND \"A\" (HKD) ACC","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","IAU":"黄金信托ETF(iShares)","BITB":"Bitwise Bitcoin ETF","HODL":"VanEck Bitcoin Trust ETF"},"translate_title":null,"themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BITO":1,"IBIT":1,"IAU":1,"HODL":1,"GBTC":1,"FDN":1,"FBTC":1,"EZBC":1,"DEFI":1,"BTCW":1,"BTCO":1,"BRRR":1,"BITB":1,"BLK":0.71},"content_text":"Key Points:\n\nGoldman Sachs has significantly increased its Bitcoin ETF investments, signaling growing institutional interest in cryptocurrencies.\nThis move comes amid record inflows into spot Bitcoin ETFs, driven by expectations of a pro-crypto regulatory environment.\n\nGoldman Sachs has significantly boosted its Bitcoin ETF holdings, highlighting the rising interest in digital assets among traditional financial institutions.\n\n\n\n\nGoldman Sachs' Bitcoin ETF Holdings Surge to $710 Million\nAccording to the 13F filing submitted to the U.S. Securities and Exchange Commission (SEC) for the quarter ending September 30, 2024, Goldman Sachs, a Wall Street giant, holds $710 million in crypto assets through various Bitcoin ETFs.\nA 13F filing is a quarterly report required by the SEC for institutional investment managers with over $100 million in assets under management.\nSpecifically, the report to the SEC shows that Goldman Sachs has increased its positions in major Bitcoin ETFs, including:\n\nThe bank's largest holding is in BlackRock's iShares Bitcoin Trust (IBIT), with 12.7 million shares (valued at $461 million at the time the filing was prepared). This represents an 83% increase from the previous report in August when the bank announced holdings of 6.9 million shares, equivalent to $281 million.\nOver 1.7 million shares in Fidelity's Wise Origin Bitcoin ETF (FBTC), worth $95.5 million, marking a 13% rise.\nIncreased holdings in Grayscale Bitcoin Trust (GBTC) by 116%, bringing the total number of shares to over 1.4 million, equivalent to $71.8 million.\nIncreased holdings in Bitwise Bitcoin ETF (BITB) by 156%, reaching a total of 650,961 shares worth $22.5 million.\nSmaller investments in Bitcoin ETFs from Invesco Galaxy, WisdomTree, and ARK 21Shares were also reported.\n\nWith this increase, Goldman Sachs has become the second-largest holder of IBIT, trailing only the hedge fund Millennium Management, which leads with $844 million in holdings.\nRead more: Bitcoin Spot ETF Outflows Hit $401M Despite BlackRock Inflows\nGoldman Sachs' Bitcoin ETF Investments Signal Growing Institutional Adoption\nFor investors and market observers, Goldman Sachs expanding its Bitcoin ETF holdings is a strong signal that institutional interest in digital assets is growing.\nThe surge in Goldman Sachs' Bitcoin ETF investments comes amid record inflows into spot Bitcoin ETFs. Last week, BlackRock's IBIT surpassed its long-held iShares Gold ETF (IAU) in net assets, a notable achievement considering IBIT was only launched in January of this year.\nThe market rally is attributed to expectations of a crypto-friendly regulatory environment under the Trump administration, with promises to support cryptocurrency mining and establish Bitcoin reserves.\n\n\n\n\nDISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.\n\n\n\n  Read original article on coincu.com","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2483142379"}