Now, as a Coinbase executive claims Satoshi Nakamoto’s identity may already be known, Wall Street giant Goldman Sachs has quietly confirmed its bought around $2 billion of bitcoin and ethereum exchange-traded funds (ETFs).

The financial firm held about $1.3 billion of BlackRock’s Bitcoin ETF shares and $300 million of Fidelity’s. Exchange-traded funds let investors gain exposure to an asset with

Goldman Sachs, one of the world's largest investment banks, has significantly increased its Bitcoin exchange-traded fund (ETF) holdings, according to its latest 13F filing with the U.S. Securities and Exchange Commission (SEC),

The bank's clients are likely involved in the basis trade, rather than making a directional bet, said an analyst.

The Wall Street giant combined massive holdings in spot bitcoin and Ethereum funds with options positions in a fourth-quarter crypto ETF push, according to an SEC filing.

In a recent 13F filing, Goldman Sachs disclosed increasing its Bitcoin holdings in the last quarter of 2024. The major growth of the BTC portion in the bank’s portfolio was immediately noticeable compared to the previous quarter.

Goldman Sachs (GS) is making more than a cautious entry into crypto—they’re jumping in with both feet. The powerhouse investment bank has

Goldman Sachs has increased its cryptocurrency exposure to $1.5 billion through Bitcoin ETFs in Q4 2024, while also maintaining $760 million in options positions and growing its Ethereum holdings to $476.

Goldman Sachs has boosted its crypto ETF holdings to $2.05 billion, reflecting rising institutional demand amid shifting macro conditions.