Goldman Sachs Makes Blockbuster Debut, Adds Over $400M In Bitcoin ETF Position In Q2 As Morgan Stanley Pulls Back

Institutional investors, including global investment banks and hedge funds, filed their second-quarter 13F reports, revealing significant positions held in spot Bitcoin (CRYPTO: BTC BTC - $62730.567 ETFs. What Happened: Global investment bank Goldman Sachs Group Inc. (NYSE:GS) made its debut in the cryptocurrency ETF market, disclosing holdings of $419 million for the period from March to June.

Source: benzinga.com

Related symbols: BTCUSD

2024-08-16 06:43:01 GMT.

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Price & Market Data

Price: $62730.567

Volume 24h: $43,858,835,032.67

Market Cap: $1,239,323,899,360.31

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,756,287. The last known price of Bitcoin is 62,970.2481002 USD and is up 4.53 over the last 24 hours. It is currently trading on 11703 active market(s) with $43,727,270,107.03 traded over the last 24 hours. More information can be found at https://bitcoin.org/.