Goldman Sachs has significantly increased its exposure to BlackRock’s iShares Bitcoin Trust (IBIT), with a 28% jump in its holdings over the first quarter of 2025. The investment bank now owns over 30.8 million IBIT shares, valued at more than $1.4 billion. This new data was revealed in a recent SEC filing, first reported by MacroScope. Goldman had previously held 24 million shares at the end of 2024, making the increase notable amid growing institutional interest in spot Bitcoin ETFs. Minimal Change in Fidelity Exposure While Goldman has expanded its IBIT position, its stake in Fidelity’s Bitcoin fund (FBTC) appears … Continue reading Goldman Sachs Boosts Holdings in BlackRock’s IBIT ETF to Over $1.4 Billion