YEREVAN (CoinChapter.com) — Goldman Sachs reported $710 million in Bitcoin ETF holdings in its latest 13F filing with the U.S. Securities and Exchange Commission (SEC). The filing, which covers the quarter ending September 30, shows a sharp increase in the bank’s digital asset exposure.
The largest portion of Goldman’s Bitcoin ETF holdings is in BlackRock’s iShares Bitcoin Trust (IBIT). The bank holds 12.7 million shares worth $461 million, up 83% from its previous filing. In August, Goldman reported 6.9 million IBIT shares valued at $281 million.
This growth positions Goldman as the second-largest holder of IBIT, trailing Millennium Management, which leads with $844 million invested.
Grayscale and Fidelity ETFs See Growth in Goldman’s Portfolio
Goldman Sachs also expanded its holdings in other major Bitcoin ETFs. The bank’s stake in Fidelity Wise Origin Bitcoin ETF now stands at 1.7 million shares, valued at $95.5 million. This marks a 13% increase since the last filing.
The Grayscale Bitcoin Trust (GBTC) saw an even larger increase. Goldman doubled its position, now holding over 1.4 million shares worth $71.8 million. The rise represents a 116% boost from the previous quarter.
In addition, Goldman’s investment in Bitwise Bitcoin ETF (BITB) grew by 156%. The bank now holds 650,961 shares, valued at $22.5 million. Smaller stakes were recorded in ETFs offered by Invesco Galaxy, WisdomTree, and ARK 21Shares.
Bitcoin ETF Inflows Reflect Institutional Momentum
The surge in Bitcoin ETF inflows underscores growing institutional interest. Last week, BlackRock’s iShares Bitcoin Trust surpassed its long-established iShares Gold ETF (IAU) in net assets. This milestone came less than a year after the launch of IBIT in January.
The SEC-mandated 13F filing, required for institutional investment managers with over $100 million in assets․
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