Betting on Bitcoin: Goldman Sachs Unveils $418M Stake in Spot Bitcoin ETFs

Goldman Sachs has disclosed a $418 million stake in spot Bitcoin exchange-traded funds (ETFs), with exposure to a total of seven different of these products and the largest stake being in BlackRock’s iShares Bitcoin Trust. The investment bank’s quarterly filing revealed a particularly large position in BlackRock’s iShares Bitcoin Trust, valued at nearly $240 million,