Goldman Sachs Becomes Third Largest Holder in BlackRock’s Bitcoin ETF with $238 Million Investment

TL;DR Share value: Goldman Sachs owns about $238 million worth of shares in BlackRock’s Bitcoin ETF, the iShares Bitcoin Trust (IBIT). Ranking position: The entity is the third largest shareholder of IBIT, behind Millennium Management and Capula Management. Market Impact: Goldman Sachs’ Mathew McDermott sees the approval of Bitcoin spot ETFs as a “huge psychological ... source: https://crypto-economy.com/goldman-sachs-becomes-third-largest-holder-in-blackrocks-bitcoin-etf-with-238-million-investment/