Institutional investors often deploy an army of analysts and bankers while taking advantage of their volumes to access better information on the market, compared to average retail investors. This is why their funds are often called “smart money”. Thus, when the second largest investment bank allocates billions for an asset, it tends to attract attention.
According to the recent market updates, Goldman Sachs has doubled his investment in Ishares Bitcoin Trust in Blackrock (IBIT), becoming the largest institutional holder of the fund. According to the Dry depositGoldman Sachs increased its place Bitcoin ETF Holdings from 24 million to 30.8 million shares in the first quarter of 2025. Cumulatively, total detention is estimated at more than $ 1.5 billion.
With this, Goldman Sachs exceeds Brevan Howard as the biggest holder. With around 25.5 million shares, Brevan Howard's shares are estimated at around $ 1.2 billion according to media reports.
The growing interest of institutional investors in digital assets like Bitcoin is obvious in the fact that the Bitcoin ETF entries in Blackrock reached $ 44.7 billion, while Fidelity Wise Origin Bitcoin Fund (FBTC) experienced a net input of $ 11.7 billion, according to data from distant investors.
In April, Goldman Sachs increased the probability of an American recession over the next year to 45%. Following its disastrous predictions, the investment bank would have doubled bitcoin as a potential coverage against the increase in inflation and the possible economic slowdown.
After an almost zero slope towards crypto until 2020, the institutional money dam started with public companies like Microstrategy and Tesla, accumulating some. And now, almost all major investment banks and asset management companies have allocated investments in Bitcoin. Now, with the launch of Spot Bitcoin ETF in 2024, Bitcoin has officially entered all corners and corner of Wall Street.
Intelligent money has increased from ignorance of the crypto to mockery, the purchase of the decline, and now they bet big.
Deekshith Pinto
Deekshith is an experienced editor -in -chief with more than a decade of experience in the news and media industry. He started his career as an engineer at Toyota, but quickly exchanged tools for narration. After his master's degree at the University of Nalanda, he joined Times Internet as an editor. In the coming years, he has been editor-in-chief of the Indian offices of several international platforms, mainly the meteorological chain and the initiate of business. He climbed these two large platforms and supervised dynamic teams of young writers and content creators. His editorial instincts are motivated by a passion for narration, a fascination for data and just the good amount of chaos to keep things interesting.
Warning: The content presented may include the author's personal opinion and is subject to the market state. Do your market studies before investing in cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.
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