Global investment bank Goldman Sachs GS on Wednesday revealed significant investments in Bitcoin BTC/USD exchange-traded funds (ETFs), according to its latest 13F filing.

What Happened: The report discloses that Goldman Sachs holds positions in seven out of the 11 Bitcoin ETFs available in the U.S., highlighting a notable shift in the bank’s approach to digital assets.

The largest of these holdings is in the iShares Bitcoin Trust IBIT, valued at $238.6 million.

Other substantial investments include $79.5 million in Fidelity’s Bitcoin ETF FBTC, $56.1 million in Invesco Galaxy‘s BTC ETF BTCO, and $35.1 million in Grayscale‘s GBTC.

The bank also holds smaller stakes in…

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