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Goldman Sachs Makes $718 Million Bet on Bitcoin ETFs

Anietie David -
The filing reveals that Goldman Sachs has allocated $461 million to BlackRock's spot Bitcoin ETF, the iShares Bitcoin Trust (IBIT), making it the bank's largest Bitcoin ETF holding. Other notable investments include $96 million in Fidelity’s Wise Origin Bitcoin Fund, $72 million in the Grayscale Bitcoin Trust ETF, and $60 million in the Invesco Galaxy Bitcoin ETF.

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