Goldman Sachs Doubles Down on Bitcoin ETFs, Boosts Holdings by 105%

Goldman Sachs has dramatically increased its Bitcoin ETF investments, raising its stake in the iShares Bitcoin Trust (IBIT) by 88% and the Franklin Bitcoin Trust (FBTC) by 105%, according to recent SEC filings.

The bank, once skeptical of crypto, now holds over $460 million in BlackRock’s IBIT ETF. Its strategy includes direct ETF ownership and options trading, signaling growing institutional interest in Bitcoin.

Beyond ETFs, Goldman has been expanding its blockchain efforts, launching tokenized funds for U.S. and European markets and developing blockchain-based trading solutions.