Goldman Sachs Bets $700M In Bitcoin ETF As Institutional Interest Soars

Goldman Sachs has made a bold move by investing approx. $718 million in Bitcoin ETFs, signaling a surge in institutional interest. This includes significant increases in its holdings in major Bitcoin ETFs such as BlackRock iShares Bitcoin Trust (IBIT) and Grayscale (GBTC). The investment reflects a broader trend of traditional financial institutions embracing cryptocurrencies. This The post Goldman Sachs Bets $700M In Bitcoin ETF As Institutional Interest Soars appeared first on CoinGape .

Source: CoinGape