investment banking giant Goldman Sachs previously disclosed in its submitted 13F filing that it holds a spot Bitcoin exchange-traded fund (ETF) worth over $731 million. However, the Bitcoin ETF is not Goldman Sachs' only attempt in the cryptocurrency field. They have also entered the recently launched spot Ethereum ETF market, with the filing revealing that Goldman Sachs holds $22.6 million worth of Grayscale Ethereum Trust and $2.6 million worth of Fidelity Ethereum ETF. Although the spot Bitcoin ETF has attracted a lot of attention and funds since its launch, the same type of Ethereum fund has struggled since entering the market. However, the Ethereum ETF seems to be experiencing a period of recovery recently, with six consecutive days of inflows.
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Investment banking giant Goldman Sachs holds over $25 million worth of Grayscale and Fidelity’s Ethereum ETFs
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