Ethereum

Goldman Sachs doubles the Bitcoin ETF, which increases Holdings by 120% in Q4.

Goldman SACHS has greatly increased its own Bitcoin exchange trading fund (ETF) with the latest 13F submission to US Securities and Exchange Commission (SEC).

Wall Street Giant now has $ 1.55 billion in various advertisements. Bitcoin ETFIt increased 121.1% from $ 7.1 million reported in 3Q.

The biggest exposure of the bank is in Blackrock. Ishares Bitcoin Trust (IBIT) The current number of shares of $ 12.7 billion, with 22.7 million shares, has increased. Last submission.

For investors and market observers, Goldman’s extended positions point to strong changes in institutional investment. Bitcoin (BTC) And as little as Ether Leeum (ETH).

that filing Goldman also added $ 280 million to Fidelity’s WISE Origin Bitcoin ETF (FBTC), an increase of 105% from the previous quarter. Goldman now has $ 3.6 million through GrayScale’s Bitcoin Trust (GBTC).

Together with ETF Holdings, the ninth largest investment bank reported a significant optional transaction position, and PUTS and CALLS totaled $ 770 million.

The bank has $ 527 million in a $ 150 million IBTC and $ 88 million through IBIT.

With the options, Goldman can bet on the price reduction (PUT) to protect itself from potential losses and benefit if the price rises (telephone).

Goldman SACHS is a guilty ruling on two other Spot Coin ETFs, including ARK 21Shares ‘Arkb, Bitwise’s Bitb, GrayScale’s mini -bitcoin Trust, Inveco Galaxy’ S btco Location It took it.

Ether Lee also has an increase in Goldman’s portfolio, and the company’s exposure to Etherum has increased from $ 25.1 million to $ 475 million in the last quarter.

The bank currently has $ 225.7 million in Ethereum and $ 225.5 million in Ethereum and Etha of BLACKROCK and diversified its encryption portfolio.

The increase in Bitcoin and Etherrium exposure is due to the surge in market prices. Bitcoin has risen 40.6%, while Ether Lee has increased 26.2% from the beginning of Q4 to the end of Q4, depending on Coingecko. data.

In particular, Bitcoin reached A with impressive profits. High record Just before the US president’s inauguration, $ 109,000.

This rally is partially led by the increase in institutional interest due to the favorable regulatory conditions according to President Donald Trump’s election.

Despite Bitcoin’s dominance, Ethereum is still struggling to catch similar institutional attention.

Ether Leeum’s value for Bitcoin has fallen 13.8% last month 4 years minimumIt is led by technical problems and increasing institutional demand for bitcoin.

Edited by SEBASTIAN SINCLAIR

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