Investment banking giant Goldman Sachs has disclosed in a recent filing with the Securities and Exchange Commission (SEC) that it holds a substantial $710 million worth of Bitcoin exchange-traded funds (ETFs). This move signals the firm’s growing interest and involvement in the cryptocurrency space. The disclosure comes as Bitcoin continues to gain mainstream acceptance and more institutional investors are looking to get exposure to the digital asset. Goldman Sachs’ foray into Bitcoin ETFs reflects a shift in traditional finance towards embracing cryptocurrencies as a legitimate asset class.
Subscribe
Login
0 Comments