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Will Morgan Stanley announce an investment in Bitcoin ETFs by end of 2024?
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Morgan Stanley's public financial disclosures and statements
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Goldman Sachs Invests $500M in Bitcoin ETFs Amid Broader Institutional Interest
Aug 14, 2024, 02:37 PM
Goldman Sachs has declared a significant position in Bitcoin, amounting to $500 million. This move is part of a broader trend among major financial institutions, including Morgan Stanley and Wells Fargo, which are increasingly investing in Bitcoin ETFs. Specifically, Goldman Sachs has $418 million worth of Bitcoin ETF holdings. These developments highlight a growing interest in Bitcoin among traditional finance sectors.
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