Goldman Sachs has increased its BlackRock iShares Bitcoin Trust (IBIT) 28%, indicating a stronger bet on Bitcoin exposure through traditional finance.
According to New filing By the US Securities and Exchange Commission (SEC), Goldman Sachs has significantly increased its exposure to Bitcoin ETFs. As of March 31, the Wall Street giant holds 30 million shares of BlackRock’s Ishares Bitcoin Trust (IBIT), worth more than $1.4 billion from the previous 24 million shares.
The updated location first reported by Financial Analyst Macroscope is the Goldman Sachs The largest institution owner Of IBIT, it holds more than 25 million shares worth nearly $1.4 billion, beyond other major investors like Brevan Howard.
Other notable IBIT investors include Jane Street, Deshaw and symmetrical investments, reflecting the growing trust of hedge funds and trading companies in the Bitcoin ETF market.
Goldman Sachs sticks to Fidelity’s Bitcoin Fund
Goldman Sachs has already made a big stand on many things US Spot Bitcoin ETF. In his February submission, he listed over $1.5 billion in several Bitcoin ETF products. Those figures included $1.2 billion for IBIT and $288 million for Fidelity’s Spot Bitcoin Fund (FBTC).
Bank of America continues to have fair value. Goldman Sachs’ latest 13F release shows that the bank has not made any major changes to the FBTC portfolio. However, the lack of Bitcoin options agreements is impressive.
By December 2023, the bank had more than $157 million in call options and more than $527 million in IBIT options. Also, the FBTC had $84 million in Put.
As market volatility and risk appetite change, these positions are not listed in the latest report, indicating that Goldman may have eliminated or expired those contracts.
GO continues to dominate the ETF market
IBIT quickly became the biggest of BlackRock’s Bitcoin ETFs. As of early May 2025, the assets under management had around $62.8 billion in assets, Farside investors said.
Since launching the fund, IBIT has taken over $44 billion in net inflows. The fund has had $674 million new inflows so far this week.
On Friday, IBIT shares rose $1.04 to close at $58.66. Price Jump tracks Bitcoin rebounds higher over the past month amid wider stabilizations of over $60,000.
Analysts believe Goldman’s increased exposure suggests an increase in institutional trust in Bitcoin’s long-term value. These funds allow ordinary investors to participate in crypto without addressing independence or unregulated exchanges.
Goldman’s presence in the Bitcoin ETF territory is considered by many as a strong vote of trust. In the development of financial products that promote broader access to not only Bitcoin but also digital assets.
This movement also reflects a greater change. Wall Street is increasingly woven its digital assets into its standard investment portfolio, particularly as several spot Bitcoin ETFs have been recently greenlighted by US regulators.
With the influx of the system expected to increase and regulatory clarity continues to take shape, there may still be room for growth in the Bitcoin ETF landscape. For now, Goldman Sachs is taking the lead.
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