*INVESCO, GALAXY DROP SPONSOR FEE ON INVESCO GALAXY BITCOIN ETF TO 0.25%

#ETFAlert #InvescoGalaxy #BTCETFSPOT

📊 Bloomberg analyst Eric Balchunas reports that after Ark Investment, Invesco Galaxy has also updated its ETF S-1. This suggests that other companies are likely to follow suit with their own updates in the near future. Stay tuned for more developments in the ETF space. 📈 #ETF #InvescoGalaxy #ArkInvestment #CryptoETF

Invesco-Galaxy has submitted amendments to its Ethereum (ETH) spot exchange-traded fund (ETF) filing, reflecting the SEC's opinions, as reported by Bloomberg analyst James Seyffart. #InvescoGalaxy #ETH #ETF #SEC

📢 BREAKING NEWS

........⚠️ ImPoRtAnT........

#GoldManSachs Discloses $418 Million Investment in Bitcoin ETFs, Signaling Institutional Confidence.

Goldman Sachs, the global financial powerhouse managing $2.93 trillion in assets, has disclosed a significant investment in Bitcoin ETFs, totaling $418 million.

The firm's holdings span several major Bitcoin ETFs, including:

#Ishare 's (IBIT): $238.6 million
#Fidelity 's (FBTC): $79.5 million
#InvescoGalaxy ’s (BTCO): $56.1 million
#Grayscale's GBTC: $35.1 million

🚀🚀 This strategic move highlights a growing confidence in the cryptocurrency market among institutional investors. Goldman Sachs' substantial investment in these Bitcoin ETFs reflects a broader trend of traditional financial institutions increasingly embracing digital assets as part of their portfolios.

🔘 As more institutional players enter the cryptocurrency space, the market's maturation and stability are likely to accelerate, potentially paving the way for further mainstream adoption.

(🌐Source: Pensions & Investments Online (pionline.com))