🥳 Earning Growth Points can Win an iPhone 16?
🔥 Gate Post Growth Points Summer Lucky Draw Round 1️⃣ 1️⃣ Is Live!
🎁Prize pool over $10,000! Win iPhone 16 Pro Max 512G, exclusive Gate merch, popular tokens & more!
Try your luck now 👉 https://www.gate.com/activities/pointprize?now_period=11
How to earn Growth Points fast?
1️⃣ Go to [Post], tap the icon next to your avatar to enter [Community Center]
2️⃣ Complete daily tasks like posting, commenting, liking, and chatting to earn points
New feature this round: “Fragment Exchange”! Collect fragments to redeem exclusive Gate merch!
100% chance t
📣 Goldman Sachs Invests $1.4 Billion in Bitcoin via BlackRock ETF.
The prestigious investment bank Goldman Sachs is increasingly strengthening its position in the crypto ecosystem. With a $1.4 billion stake in BlackRock's Bitcoin ETF, it is now the largest institutional holder of this financial product. What does this massive investment reveal about the banking giant's future ambitions?
In Brief
• Goldman Sachs holds 30.8 million shares of BlackRock's Bitcoin ETF, valued at $1.4 billion.
• This investment represents a 28% increase from its previous position.
• The bank now holds $2.05 billion in crypto ETFs, including nearly $500 million in Ethereum ETFs.
• This strategy comes amid exceptional performance for BlackRock's IBIT ETF. Goldman Sachs Invests Massively in BlackRock's Bitcoin ETF
In the first quarter of 2025, Goldman Sachs reached a decisive milestone in its crypto strategy. According to official documents filed with the SEC, the investment bank invested heavily in Bitcoin. It now owns 30.8 million shares of BlackRock's iShares Bitcoin Trust (IBIT) ETF, worth over $1.4 billion as of March 31.
This spectacular acquisition represents a 28% increase in a single quarter. Goldman Sachs thus surpasses Brevan Howard as the largest institutional investor in this Bitcoin ETF.
This positioning marks a turning point in the history of traditional finance, with one of Wall Street's most prestigious banks openly embracing digital assets.
#Gate Post Highlights# #Crypto # #moonspid# #HotTopicDiscussion# #BTC#