Goldman Sachs increases its exposure to Bitcoin via ETF to USD $ 1.4 billion

By Hannah Pérez

Goldman Sachs’s appetite by Bitcoin remains intact. The Bank bought more Blackrock Ibit actions during the quarter, reveals its latest four -monthly report

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• Goldman Sachs’s appetite by Bitcoin remains intact.
• The bank bought more Blackrock Ibit shares during the quarter, reaching USD $ 1.4 billion.
• Since its first revelation in 2024, its participation in the ETF Bitcoin has increased by 250%.

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The giant investment bank Goldman Sachs its exposure to Bitcoin Since he first invested in the funds quoted in the stock market (ETF) in the second four -month period of last year.

In a regulatory presentation this week, the bank revealed a participation of 30.8 million shares in ibitthe ETF of Bitcoin in cash managed by Blackrockvalued at more than USD $ 1.4 billion for the period ending on March 31, the analyst first reported Macroscope In social networks.

The most recent revelation of Goldman Sachs in ETF of Bitcoin It reflects a constant appetite of the bank for obtaining exposure to the distinguished cryptocurrency, currently valued in more than USD $ 100,000 the unit.

Last August, the financial institution had reported about USD $ 418 million in investments in the ETFs Bitcoinwith more than half placed in ibit of Blackrock. Based on your most recent report, this represents a Increase of approximately 250% in its total position in the ETFs In less than a year.

Goldman Sachs He has been showing a constant and pause increase in the ETFs Bitcoin since then. In September last year, he reported that his exposure to Bitcoin Through these financial vehicles it reached the USD $ 710 million, and later in January indicated IBIT holdings for a total of USD $ 1,270 million, equivalent to 24.07 million shares.

In its previous presentation, the bank said it maintained USD $ 288 million in ETF shares Bitcoin managed by Fidelity. Its last presentation shows no significant change in its FBTC position, according to reports.

The investments of Goldman Sachs In IBIT they make the bank the largest institutional holder of the Fund of Blackrock with direct exposure to Bitcoin. Brevan Howard It occupies the second place, with more than 25 million shares worth almost USD $ 1.4 billion. Other important interested parties include Jane Street, Symmetry Investments and Of Shaw and Co.

Ibit is consolidated as the ETF of Bitcoin larger in the world, attracting just over USD $ 44 billion since its debut in January and with USD $ 62.9 billion in assets under management (AUM), according to data from Sosovalue. Until Friday, the fund accumulated a streak of 19 consecutive sessions of net capital tickets, establishing a new record in the year.

Meanwhile, Goldman Sachs It is not the only bank that is betting on Bitcoin. Institutions such as JPMorgan Chase, Morgan Stanley and Wells Fargo They have also declared participations in the ETFs of Bitcoin in cash in previous reports, which shows greater acceptance of digital assets from institutions and particularly within the bank ecosystem.

Bitcoin (BTC) is negotiated around USD $ 103,500 at the time of writing these lines, in the middle of a generalized rebound in the cryptocurrency market this week, according to data from Coinmarketcap.

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Hannah Estefanía Pérez / Diariobitcoin

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