Goldman Sachs Ups Stake 28% To $1.4 Billion
The post Goldman Sachs Ups Stake 28% To $1.4 Billion appeared on BitcoinEthereumNews.com. Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Goldman Sachs amplified its bet on Bitcoin ETFs by adding almost 6 million additional shares in BlackRock’s iShares Bitcoin Trust. The bank’s most recent filing with the US Securities and Exchange Commission indicates it now owns nearly 31 million shares—up from 24 million in its last report. That holding is valued at more than $1.4 billion. It makes Goldman the largest institutional IBIT holder to date, according to MacroScope, a financial analyst. Goldman Sachs Increases Bitcoin ETF Holdings Goldman’s 30.8 million IBIT shares, as reported in the SEC filing, are a 28% rise from its earlier 24 million-share holding. At current market price, that portion of IBIT is worth over $1.4 billion. MacroScope initially highlighted the shift. For comparison, competitor hedge fund Brevan Howard owns slightly more than 25 million shares—worth close to $1.4 billion on its own. Source: SEC Goldman Transitions To BTC Last December, Goldman had call and put options on IBIT. At the time, it had around $157 million in calls and more than $527 million in puts. It also had $84 million in puts on Fidelity’s FBTC. Those hedges don’t appear in the current report. Allowing them to expire indicates that Goldman might be transitioning to an easier, direct bet on Bitcoin’s price. Image: Source: Esgnews.com JUST IN: Goldman Sachs just disclosed owning $1.65 BILLION $BTC through Bitcoin ETFs – [@MacroScope17] pic.twitter.com/do4VBuhntN — Bitcoin Archive (@BTC_Archive) May 9, 2025 IBIT Leads ETFs With $63 Billion BlackRock’s iShares Bitcoin Trust has grown to almost $63 billion in assets managed, Farside Investors data indicate. The fund has amassed around $44 billion in net flows since its inception. This week alone, it received $674 million more. Friday saw IBIT shares increase by $1.04 to close at $58.66, following the top coin’s recovery above $60,000. Wall Street Firms Follow Suit Goldman…
The post Goldman Sachs Ups Stake 28% To $1.4 Billion appeared on BitcoinEthereumNews.com.
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Goldman Sachs amplified its bet on Bitcoin ETFs by adding almost 6 million additional shares in BlackRock’s iShares Bitcoin Trust. The bank’s most recent filing with the US Securities and Exchange Commission indicates it now owns nearly 31 million shares—up from 24 million in its last report. That holding is valued at more than $1.4 billion. It makes Goldman the largest institutional IBIT holder to date, according to MacroScope, a financial analyst. Goldman Sachs Increases Bitcoin ETF Holdings Goldman’s 30.8 million IBIT shares, as reported in the SEC filing, are a 28% rise from its earlier 24 million-share holding. At current market price, that portion of IBIT is worth over $1.4 billion. MacroScope initially highlighted the shift. For comparison, competitor hedge fund Brevan Howard owns slightly more than 25 million shares—worth close to $1.4 billion on its own. Source: SEC Goldman Transitions To BTC Last December, Goldman had call and put options on IBIT. At the time, it had around $157 million in calls and more than $527 million in puts. It also had $84 million in puts on Fidelity’s FBTC. Those hedges don’t appear in the current report. Allowing them to expire indicates that Goldman might be transitioning to an easier, direct bet on Bitcoin’s price. Image: Source: Esgnews.com JUST IN: Goldman Sachs just disclosed owning $1.65 BILLION $BTC through Bitcoin ETFs – [@MacroScope17] pic.twitter.com/do4VBuhntN — Bitcoin Archive (@BTC_Archive) May 9, 2025 IBIT Leads ETFs With $63 Billion BlackRock’s iShares Bitcoin Trust has grown to almost $63 billion in assets managed, Farside Investors data indicate. The fund has amassed around $44 billion in net flows since its inception. This week alone, it received $674 million more. Friday saw IBIT shares increase by $1.04 to close at $58.66, following the top coin’s recovery above $60,000. Wall Street Firms Follow Suit Goldman…
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