Goldman Sachs Doubles Down on Bitcoin with 28% iShares Holding Increase

Goldman Sachs has significantly boosted its investment in BlackRock’s Bitcoin Trust, increasing holdings by a staggering 28% to reach 30.8 million shares valued at over $1.4 billion as of March 31, 2025. This move reflects growing institutional confidence in Bitcoin, as evidenced by BlackRock’s record-breaking streak of consecutive inflows into its Bitcoin ETF, reaching a remarkable 19 days in May 2025.