- August 14, 2024
- Posted by: admin
- Category: BitCoin, Blockchain, Cryptocurrency, Investments
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.