🚀 GOLDMAN SACHS SILENTLY 'HUGS' BITCOIN - SHOCKING AMOUNT: 1.4 BILLION USD
According to the SEC filing, Goldman Sachs has just increased its ownership of IBIT (BlackRock's Bitcoin ETF) to over 30.8 million shares, equivalent to 1.4 billion USD – becoming the largest institutional investor in this fund.
⭐ Notable points:
🟢 Has surpassed Brevan Howard to lead the list of IBIT holders
🟢 No longer using hedging options – completely switched to directly holding Bitcoin through the ETF
🟢 Also invested in Fidelity's FBTC (288 million USD)
🟢 IBIT currently has over 62.8 billion USD AUM and has attracted more than 44 billion USD in inflows since its launch – a record in the fund industry!
🟢 Wall Street is gradually 'pivoting' to crypto, and Goldman Sachs clearly does not want to be left out of the game.
➡️ Wall Street is aggressively accumulating – how much longer can you stay out of the crypto market?
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