Goldman🎊 Sachs boosts Ethereum ETF holdings by 2,000%, Bitcoin ETFs to $1.5B


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Cointelegraph
Goldman➡️ Sachs boosts Ethereum ETF holdings by 2,000%, Bitcoin ETFs to $1.5B
Investment bank Goldman Sachs increased its spot Ether exchange-traded fund (ETF) holdings by 2,000% in the fourth quarter of 2024, along with boosting its Bitcoin ETF stash to over $1.5 billion.⚖️

Goldman upped its Ether (ETH) ETF exposure from $22 million to $476 million, split almost evenly between BlackRock’s iShares Ethereum Trust (ETHA) and the Fidelity Ethereum Fund (FETH), along with $6.3 million into the Grayscale Ethereum Trust ETF (ETHE), according to the company’s Feb. 11 Form 13F filing with the Securities and Exchange Commission.
Goldman also upped its Bitcoin (BTC) ETF holdings by 114% to $1.52 billion. It purchased nearly $1.28 billion worth of shares in the iShares Bitcoin Trust (IBIT) — a 177% increase from Q3 — along with $288 million worth of shares in the Fidelity Wise Origin Bitcoin Fund (FBTC).🪴
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