Golden Finance reported that investment banking giant Goldman Sachs disclosed in its submitted 13F filing that it holds a SpotBTCexchange trading fund worth over $731 million. However, BTCETF is not the only attempt by Goldman Sachs in the field of cryptocurrency. They have also ventured into the recently launched SpotETHexchange trading fund. The filing revealed that Goldman Sachs holds a $22.6 million investment in the Grayscale ETHmini Trust fund and a $2.6 million investment in the Fidelity ETHexchange trading fund. Although the SpotBTCexchange trading fund has attracted a large following and capital since its launch, ETHexchange funds have been struggling since entering the market. However, the recent ETHETF seems to be going through a period of recovery, recording six consecutive days of capital inflows.
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Investment banking giant Goldman Sachs holds over $25 million worth of Grayscale and Fidelity's ETH Trust ETF
Golden Finance reported that investment banking giant Goldman Sachs disclosed in its submitted 13F filing that it holds a SpotBTCexchange trading fund worth over $731 million. However, BTCETF is not the only attempt by Goldman Sachs in the field of cryptocurrency. They have also ventured into the recently launched SpotETHexchange trading fund. The filing revealed that Goldman Sachs holds a $22.6 million investment in the Grayscale ETHmini Trust fund and a $2.6 million investment in the Fidelity ETHexchange trading fund. Although the SpotBTCexchange trading fund has attracted a large following and capital since its launch, ETHexchange funds have been struggling since entering the market. However, the recent ETHETF seems to be going through a period of recovery, recording six consecutive days of capital inflows.