According to its latest quarterly report, Goldman Sachs has invested $418.65 million in US spot Bitcoin ETFs as of June 30.
The investment bank's largest holdings include 6.9 million shares of BlackRock's iShares Bitcoin Trust, valued at $238.6 million. This makes Goldman Sachs the third largest holder of the IBIT fund after Millennium Management and Capula Management Ltd.
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In addition, Goldman Sachs also owns 1.51 million shares of Fidelity's FBTC, worth $79.5 million, and 660,183 shares of Grayscale's Bitcoin-converted fund, worth $35.1 million.
These holdings also include $56.1 million in the Invesco Galaxy Bitcoin ETF and shares in Bitwise, WisdomTree and Ark-21Shares funds.