Goldman Sachs Discloses Nearly $420 Million in Bitcoin ETF Holdings
By: Eva Baxter
Goldman Sachs Reveals Significant Bitcoin ETF Investments
In a notable development within the financial sector, Goldman Sachs has disclosed approximately $420 million in Bitcoin ETF holdings as per the latest 13-F filings with the SEC. This revelation arrives during a relatively muted second quarter for Bitcoin ETF filings, and positions Goldman Sachs prominently in the digital asset investment landscape.
Among Goldman Sachs's diverse portfolio, a notable stake is in the ARK 21Shares Bitcoin ETF, with a valuation of $299,900 for 5,000 shares. The firm has also invested $8.3 million in the Bitwise Bitcoin ETF Trust, comprising 253,961 shares. Additionally, substantial investments have been reported in the Fidelity Wise Origin Bitcoin ETF, amounting to $79.5 million across 1,516,302 shares, and $35.1 million in the Grayscale Bitcoin Trust, summing up to 660,183 shares.
Further bolstering its digital asset portfolio, Goldman Sachs's filings reveal a $56.3 million investment in the Invesco Galaxy Bitcoin ETF, accounting for 940,443 shares, alongside a significant $238.7 million stake in iShares Bitcoin Trust, equivalent to 6,991,248 shares. The firm also holds $749,469 in the WisdomTree Bitcoin Fund, represented by 11,773 shares.
These comprehensive filings underscore Goldman Sachs's growing interest and confidence in the burgeoning digital assets market, showcasing a meticulously structured investment strategy that spans various established Bitcoin ETFs.
| ETF Issuer | Value | Shares |
|---|---|---|
| ARK 21Shares Bitcoin ETF | $299,900 | 5,000 |
| Bitwise Bitcoin ETF Trust | $8,301,985 | 253,961 |
| Fidelity Wise Origin Bitcoin ETF | $79,545,203 | 1,516,302 |
| Grayscale Bitcoin Trust | $35,148,143 | 660,183 |
| Invesco Galaxy Bitcoin ETF | $56,292,469 | 940,443 |
| iShares Bitcoin Trust | $238,681,207 | 6,991,248 |
| WisdomTree Bitcoin Fund | $749,469 | 11,773 |
Source: SEC filings
