Goldman Sachs increases Bitcoin holdings to $470 million, significantly expanding investment in Bitcoin ETFs

According to news from HashKey Chain and reported by Coincentral, Goldman Sachs recently increased its Bitcoin holdings by $194 million, bringing its total holdings to $470 million. At the same time, the investment scale in Bitcoin ETFs has significantly increased. It is expected that in the fourth quarter of 2024, Goldman Sachs will invest $1.5 billion in Bitcoin ETFs. The holdings of iShares Bitcoin Trust (IBIT) increased by 88%, reaching a total value of $1.27 billion; the holdings of Fidelity Wise Origin Bitcoin Fund (FBTC) grew by 105%, totaling $288 million.