According to the latest report submitted by Goldman Sachs to the U.S. Securities and Exchange Commission (SEC), the Wall Street giant has significantly increased its investments in Bitcoin exchange-traded funds (ETFs). The assets of Goldman Sachs in these funds have now reached $1.57 billion, showing a 121.1% increase from the $710 million reported in the third quarter. The largest investment of this banking giant is in the iShares Bitcoin Trust by BlackRock, holding 24.07 million shares worth $1.27 billion. This investment growth reflects a notable shift in institutional attitudes towards Bitcoin and to some extent Ethereum. Goldman Sachs has also increased its investment in Ethereum ETFs to $476.5 million, nearly 19 times higher than three months ago.
