Goldman Sachs has significantly boosted its exposure to crypto with a 2,000% increase in its Ethereum ETF holdings, now valued at $476 million, and a 114% jump in Bitcoin ETFs, reaching $1.5 billion. The investment bank’s massive buys include shares in BlackRock’s iShares Ethereum Trust and Fidelity’s Bitcoin Fund. This move comes after strong market gains in both Bitcoin and Ethereum, which saw price increases of 41% and 26% respectively in Q4 2024. Despite past criticism of crypto, Goldman Sachs continues to double down on its crypto investments, signaling growing institutional interest in digital assets.
2025 marks a pivotal year for Bitcoin in terms of institutional adoption, strategic reserves, and…
The crypto market is entering a defining phase. After undergoing regulatory crackdowns, geopolitical shocks, and…
China was among the earliest countries to enthusiastically embrace cryptocurrency. The country was one of…
WazirX has received the green light from the Singapore Court to submit further arguments in…
UK-based web development firm, The Smarter Web Company, has strengthened its Bitcoin portfolio by purchasing…
Japanese firm Metaplanet is going all in on Bitcoin, allocating $5 billion to its U.S.…