Goldman Sachs increased its assets in BlackRock's iShares Bitcoin Trust (IBIT) to 12.7 million shares worth $461 million, which is 83% more than its existing assets of approximately 6.9 million shares, according to a new filing with the Securities and Exchange Commission, which was first reported by MacroScope.
The recent increase in #GoldManSachs ' stake in IBIT is well ahead of the growth in Capula Management's share, which is approximately $253 million. The company is now the second largest IBIT holder, second only to Millennium Management, which holds approximately $844 million worth of IBIT shares.
The investment bank, which was added by BlackRock as authorized participants in its Bitcoin ETF exchange-traded fund, has also invested in many other Bitcoin #exchange -traded funds.
The company's asset portfolio includes more than 1.7 million shares of the Fidelity Wise Origin Bitcoin ETF (FBTC) exchange-traded fund in the amount of $ 95.5 million, which is 13% more than in the previous application.
Goldman Sachs also owns more than 1.4 million shares of Grayscale's Bitcoin Trust (GBTC) worth $71.8 million, which is 116% more than in previous reporting. The bank owns 650,961 shares of Bitwise's Bitcoin ETF (BITB) worth $22.5 million, which is 156% more than in the previous reporting.
The Goldman Sachs portfolio also includes stakes in other funds managed by Invesco/Galaxy, WisdomTree and Ark/21Shares.