Goldman Sachs strengthened its investment in Bitcoin ETFs by adding almost 6 million additional shares in Blackrock’s Ishares Bitcoin Trust. The bank’s latest application to US Securities and Exchange Commission indicates that it now owns almost 31 million shares – up from 24 million in its latest report.
That holding is valued at more than $ 1.4 billion. This makes Goldman the largest institutional Ibit holder so far, according to Macroscope, a financial analyst.
Goldman Sachs Increases Bitcoin ETF Holdings
Goldman’s 30.8 million Ibit shares, as reported in SEC archivingis an increase of 28% from its previous 24 million stock. At the current market price, that part of Ibit is worth over $ 1.4 billion.
Macroscope initially marked the shift. By comparison, competitor Hedgefonden Brevan Howard owns just over 25 million shares – Worth close to $ 1.4 billion on its own.
Source: SEC
Goldman transitions to BTC
In December last year, Goldman had called and put alternatives on Ibit. At that time, it had about $ 157 million in calls and more than $ 527 million in plaster. It also had $ 84 million in plaster on Fidelity’s FBTC.
These hedges do not appear in the current report. Letting them go out indicates that Goldman can turn to a simpler, direct bet on Bitcoin price.
Image: Source: Esgnews.com
Only in: Goldman Sachs only revealed to own $ 1.65 billion $ BTC through bitcoin etfs – (@Macroscope17) pic.twitter.com/do4vbuhntn
– Bitcoin Archive (@BTC_archive) May 9, 2025
Ibit leads ETF with $ 63 billion
Blackrock’s Ishares Bitcoin Trust has grown to almost $ 63 billion in assets handled, indicates Farside Investors data. The fund has collected approximately $ 44 billion in net flows since its inception. Only this week it received $ 674 million more. Friday saw the IBIT shares with $ 1.04 to close at $ 58.66, after the top coin recovery over $ 60,000.
Wall Street companies follow after
Goldman is not the only one. Other heavy finder-Jane street, de shaw and symmetry investment-also upload significant Ibit positions. And Goldman himself had reported $ 1.2 billion in IBIT and $ 288 million in FBTC from submission in February.
The transaction indicates that large trading benches and hedge funds are looking for bitcoin within regulated ETFs, not semesters or unregulated exchanges.
Goldman Sach’s increasing ETF share is an indicator of increasing banking confidence for bitcoin as part of the mainstream portfolios. With more than $ 60 billion stashed in Ibit alone, it is obvious that Tot Bitcoin ETFs have reasoned with institutional investors.
Whether other major banks follow and how it affects Bitcoin’s price will be carefully monitored in the coming months.
Image from Unsplash, charts from TradingView
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