The financial firm held about $1.3 billion of BlackRock’s Bitcoin ETF shares and $300 million of Fidelity’s. Exchange-traded funds let investors gain exposure to an asset with

Now, as a Coinbase executive claims Satoshi Nakamoto’s identity may already be known, Wall Street giant Goldman Sachs has quietly confirmed its bought around $2 billion of bitcoin and ethereum exchange-traded funds (ETFs).

Goldman Sachs boosts Bitcoin ETF investment with a 105% rise in holdings and strategic options, signaling institutional crypto interest.

U.S. spot Bitcoin ETFs hold $111.78 billion in BTC or 5.92% of its market cap. Goldman Sachs holds $1.27 billion in BlackRock’s BTC ETF and

Goldman Sachs has increased its holdings in spot Ethereum ETFs by 2,000%, while upping its exposure to Bitcoin ETFs to $1.5 billion.