US banking giant Goldman Sachs has revealed that it has positions in various spot Bitcoin ETFs, according to its 13F filing.
Goldman Sachs noted in its quarterly 13-F report that it has positions in seven out of 11 BTC ETFs in the US.
Accordingly, Goldman Sachs stated that its largest asset is iShares Bitcoin Trust (IBIT) with $238.6 million, followed by Fidelity's Bitcoin ETF (FBTC) with $79.5 million, then Invesco Galaxy's BTC ETF (BTCO) with $56.1 million and Grayscale's GBTC with $35.1 million, and BITB, BTCW and ARKB with small positions.
“The Bitcoin ETF was clearly a success,” Mathew McDermott, global head of digital assets at Goldman Sachs, said in a statement that spot Bitcoin ETFs were a “major psychological turning point” for the industry.
*This is not investment advice.
