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    Goldman Sachs discloses nearly $420 million in Bitcoin ETF holdings

    Quick Take

    In a relatively quiet second quarter for 13-F Bitcoin ETF filings, Goldman Sachs made headlines by disclosing significant positions in several Bitcoin ETFs, according to this SEC filing. This disclosure is particularly noteworthy given the subdued activity compared to the first quarter of the year.

    Goldman Sachs reported a diverse portfolio, starting with a stake in the ARK 21Shares Bitcoin ETF, valued at $299,900 for 5,000 shares. Their holdings also include a substantial $8.3 million investment in the Bitwise Bitcoin ETF Trust, representing 253,961 shares. A significant position is in the Fidelity Wise Origin Bitcoin ETF, with $79.5 million in value, amounting to 1,516,302 shares. Additionally, Goldman holds $35.1 million in the Grayscale Bitcoin Trust, totaling 660,183 shares.

    Further investments include $56.3 million in the Invesco Galaxy Bitcoin ETF, translating to 940,443 shares, and a significant $238.7 million stake in the iShares Bitcoin Trust, equivalent to 6,991,248 shares. Lastly, the firm disclosed a $749,469 position in the WisdomTree Bitcoin Fund, covering 11,773 shares. These filings underline Goldman Sachs’ growing interest in the digital assets market.

    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.gov

    The post Goldman Sachs discloses nearly $420 million in Bitcoin ETF holdings appeared first on CryptoSlate.

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