Goldman Sachs Boosts IBIT Stake to $1.4 Billion

CoinMarketCap
10 May

Back in February, Goldman disclosed over $1.5 billion in U.S. spot Bitcoin ETF holdings. That included approximately $1.2 billion in IBIT and $288 million in Fidelity’s Bitcoin Fund (FBTC). The latest filing shows no major changes in its FBTC position.

According to the latest data from Fintel, Goldman Sachs is now the largest institutional holder of IBIT.

Brevan Howard holds the second-largest stake, with over 25 million shares worth nearly $1.4 billion.

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Other notable institutional investors in IBIT include Jane Street, Symmetry Investments, and D.E. Shaw & Co., reflecting continued institutional interest in Bitcoin ETFs.

Source

The post Goldman Sachs Boosts IBIT Stake to $1.4 Billion appeared first on Coindoo.

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