Goldman Sachs reports $418 million in spot bitcoin ETF holdings as of June 30

Goldman Sachs reports $418 million in spot bitcoin ETF holdings as of June 30

Reported by The Block: The Wall Street giant owned nearly 7 million shares of BlackRock’s IBIT fund, which made the company the fund’s third largest holder.

Multinational financial services company Goldman Sachs holds U.S. spot bitcoin exchange-traded fund shares worth around $418.65 million as of June 30, according to its quarterly 13F filing with the Securities and Exchange Commission filed Tuesday.

The investment bank’s largest spot bitcoin ETF holdings were 6.9 million shares of BlackRock’s iShares Bitcoin Trust, worth $238.6 million. According to Fintel data, Goldman Sachs is the third largest holder of the IBIT fund, behind Millennium Management and Capula Management Ltd.

Goldman Sachs also disclosed 1.51 million shares of Fidelity’s FBTC, worth $79.5 million, and 660,183 shares of Grayscale’s converted bitcoin fund, worth $35.1 million. Its list of bitcoin ETF holdings includes $56.1 million worth of Invesco Galaxy bitcoin ETF and shares of three other funds from Bitwise, WisdomTree and Ark-21Shares, Macroscope on X first noted.

Institutional investment managers with over $100 million in equity assets under management must submit 13F filings quarterly with the SEC. 13F filings offer a quarterly snapshot of an investment manager's long equity positions and options. However, the reports do not disclose short positions, limiting their utility as a comprehensive overview of portfolio strategy.

Capula, one of Europe’s largest hedge funds, revealed spot bitcoin ETF holdings of $464 million in its 13F filing filed earlier this month. Its two largest holdings were also BlackRock and Fidelity’s spot bitcoin funds.

Source

Bitcoin

ETF

In This Article

Related News
Ark Invest raises 2030 bull-case bitcoin price projection to $2.4 million on 'aggressive' modeling Ark Invest raises 2030 bull-case bitcoin price projection to $2.4 million on 'aggressive' modeling
pot bitcoin ETFs see $936 million inflows as 'safe haven' narrative strengthens pot bitcoin ETFs see $936 million inflows as 'safe haven' narrative strengthens
Canada to launch spot Solana ETFs this week: report Canada to launch spot Solana ETFs this week: report
First-ever XRP ETF to launch in US Tuesday; spot ETF still pending First-ever XRP ETF to launch in US Tuesday; spot ETF still pending
BlackRock launches bitcoin ETP in Europe following US success BlackRock launches bitcoin ETP in Europe following US success
Latest News More More
19 Hours Ago Citigroup predicts stablecoin supply could hit $3.7 trillion by 2030
1 Day Ago Zora airdrop triggers confusion as token launches without announcement, requires users claim manually
2 Days Ago Binance South Africa to require information on senders and recipients for local compliance
3 Days Ago USDC closes in on $61 billion as institutional demand outpaces USDT growth
4 Days Ago Kraken launches forex perpetual futures with up to 20x leverage
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open