**Goldman Sachs and Bitcoin: Old Love Rekindled?**
- Wall Street is in an uproar! Goldman Sachs, which used to be a bit cold towards crypto, has now made a splash by revealing its $710 million Bitcoin holdings via ETFs. 😲
- In August, their BTC investments in ETFs were only $252 million in BlackRock's IBIT and $33.2 million in Grayscale's GBTC. But now, IBIT has soared 83% to $461 million, and GBTC has risen 116% to $71.8 million.
- Other investments include $95.5 million in Fidelity's FBTC and $22.5 million in Bitwise's BITB. Meanwhile, BTCO's stake remains at $59.7 million.
- This change comes as US regulations become more crypto-friendly, especially with the election of pro-crypto Donald Trump as president.
- Is this a sign that Goldman Sachs is getting serious about Bitcoin? Write your thoughts in the comments!