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

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.

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

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

Investment banking giant Goldman Sachs (NYSE:GS) loaded up more shares of Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) spot exchange-traded funds in the fourth quarter of 2024, according to its latest 13F filing with the SEC.

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.

Goldman Sachs boosts Bitcoin ETF investment with a 105% rise in holdings and strategic options, signaling institutional crypto interest.