Key Points
- Goldman Sachs reported $418 million in Bitcoin ETFs.
- The agency filed a 13F with the US SEC, disclosing its positions as of June 30.
Goldman Sachs simply disclosed fund shares in US Bitcoin ETFs price roughly $418.65 million as of June 30.
The multinational monetary providers firm filed a 13F with the US Securities and Exchange Commission on August 13.
Goldman Sachs’ Positions in US Bitcoin ETFs
After the market closing, Goldman Sachs revealed the next positions in Bitcoin ETFs within the US as of June 30 by way of their 13F filing with the SEC:
- $238.6 million in BlackRock’s Bitcoin ETF, iShares Bitcoin Trust, IBIT (6,991,248 shares)
- $79.5 million in Fidelity’s Bitcoin ETF, FBTC (1,516,302 shares)
- $35.1 million in Grayscale’s Bitcoin ETF, BTC (660,183 shares)
- $56.1 million in Invesco Galaxy’s Bitcoin ETF, BTCO (940,443 shares)
- $8.3 million Bitwise’s Bitcoin ETF, BITB (253,961 shares)
- $749,469 WisdomTree’s Bitcoin ETF, BTCW (11,773 shares)
- $299,900 ARK 21Shares’s Bitcoin ETF, ARKB (5,000 shares)
In a post on X on August 14, MacroScope revealed Godlman Sachs’ positions within the US-based crypto merchandise, highlighting that these are all new positions as of this quarter.
Institutional funding managers with greater than $100 million in fairness property below administration should submit 13F filings on a quarterly foundation with the US SEC.
13F filings present a quarterly snapshot of an funding supervisor’s lengthy fairness positions and choices, however the stories don’t disclose their quick positions. This limits their utility as a fancy overview of portfolio technique.
This disclosure is related as massive establishments reminiscent of Goldman Sachs historically have a big affect on market sentiment and tendencies.
Speaking of huge monetary entities with holdings in Bitcoin ETFs, we not too long ago reported that Europe’s 4th largest hedge fund Capula Management additionally reported vital investments in BlackRock’s and Fidelity’s Bitcoin ETFs in the beginning of this month.
According to official stories, the London-based hedge fund has invested round $500 million in these Bitcoin ETFs. Capula Management is usually in style for its experience in fixed-income and macroeconomic methods.
