Goldman Sachs Deepens Crypto Investment: Recent Holdings Revealed

Goldman Sachs has significantly increased its involvement in the cryptocurrency space, as evidenced by recent SEC filings that offer a glimpse into their investment strategies. These quarterly filings, known as 13F filings, disclose the assets held on behalf of clients by major financial institutions like Goldman Sachs, providing valuable insight into market trends and investment patterns. Analyzing these documents reveals a substantial commitment to crypto asset-related products. Specifically, they hold approximately $1.4 billion in IBIT ETFs from BlackRock and $250 million in FBTC ETFs issued by Fidelity, both of which focus on Bitcoin spot price movements.