Goldman Sachs Bets Big on Bitcoin: $1.4 Billion Investment in BlackRock’s ETF

Goldman Sachs has made a major move into the world of cryptocurrencies, investing heavily in the Bitcoin market. The investment bank recently surpassed other significant investors like Brevan Howard to become the largest institutional holder of BlackRock’s iShares Bitcoin Trust (IBIT). With over $1.4 billion in shares as of March 31st, Goldman Sachs has significantly deepened its involvement in the cryptocurrency space.