Picture this: February winds are blowing, everyone’s bundled up, and there’s Goldman Sachs cozying up to more than $1.5 billion in U.S. spot Bitcoin ETFs. That’s right—Big G’s got about $1.2 billion in IBIT, plus a casual $288 million in Fidelity’s Bitcoin Fund (FBTC). Because why put your money under the mattress when you can YOLO into digital coins, am I right?
Fast forward to now, and Fintel says Goldman Sachs is the big cheese of IBIT. The top dog. The HODLer-in-chief. If Satoshi Nakamoto had a yacht party, Goldman would be on the guest list, and probably running the bar tab too 🍸.
Meanwhile, standing just a few steps behind on the dance floor we have Brevan Howard, who’s holding more than 25 million shares. That’s worth almost $1.4 billion, which, with my kind of luck, is exactly $1.399999 billion more than I’ll ever see at once.
But wait, there’s a whole conga line of institutions trying not to miss out on the crypto shindig—Jane Street, Symmetry Investments, D.E. Shaw & Co. Everyone wants a slice of the Bitcoin ETF pie! Can you smell the digital money? I’d say it smells like opportunity, but honestly, it smells a bit like FOMO and a dash of existential dread. Still, what a time to be alive, huh? 🎉🤑
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2025-05-10 10:37