Economists at Goldman Sachs are increasing the odds that the US economy will enter a period of an economic downturn by the end of the year. Analysts at the banking behemoth have raised the odds of a recession occurring in the coming months from 15% to 25%, citing the last month’s jump in unemployment data, reports […]
The post Goldman Sachs Raises US Recession Odds As Total Bankruptcy Filings Surge by Almost 25%: Report appeared first on The Daily Hodl.
Goldman Sachs disclosed substantial holdings of $418 million in bitcoin ETFs in Q2. Hamster Kombat rejected multiple venture capital investments to protect players from becoming exit liquidity. A Nigerian bitcoin proponent filed a lawsuit to overturn the government’s crypto ban. WBTC’s custody change has raised concerns in the defi community. Ripple’s legal chief discussed the […]
The companies collectively purchased nearly $1.3 billion worth of Bitcoin ETF shares during the quarter.
Asset managers Goldman Sachs, Capula Management, and Avenir Tech emerged as the biggest buyers of Bitcoin (BTC) exchange-traded funds (ETFs) in the second quarter of 2024, according to an analysis by CoinShares Research shared with Cointelegraph.
According to CoinShares’ review of quarterly 13F disclosures filed by large fund managers, the three investment firms collectively bought nearly $1.3 billion worth of BTC ETF shares.
Since launching in January, Bitcoin ETFs have seen enormous demand, aided in part by adoption by large financial institutions such as Morgan Stanley.
The companies collectively purchased nearly $1.3 billion worth of Bitcoin ETF shares during the quarter.
Asset managers Goldman Sachs, Capula Management and Avenir Tech emerged as the biggest buyers of Bitcoin (BTC) exchange-traded funds (ETFs) in the second quarter of 2024, according to an analysis by CoinShares Research shared with Cointelegraph.
According to CoinShares’ review of quarterly 13F disclosures filed by large fund managers, the three investment firms collectively bought nearly $1.3 billion worth of BTC ETF shares.
Since launching in January, Bitcoin ETFs have seen enormous demand, aided in part by adoption by large financial institutions such as Morgan Stanley.
Global investment bank Goldman Sachs has reported holdings of $418 million in spot bitcoin exchange-traded funds (ETFs) in the second quarter. Its biggest position is a $238 million stake in Blackrock’s Ishares Bitcoin Trust (IBIT). In contrast, Morgan Stanley reduced its bitcoin ETF holdings. Meanwhile, hedge funds are taking a more aggressive stance in the […]
New filings reveal that financial services titan Goldman Sachs is holding hundreds of millions of dollars worth of spot market Bitcoin (BTC) exchange-traded fund (ETF) holdings. According to new Form 13F filings submitted to the U.S. Securities and Exchange Commission (SEC), banking giant Goldman Sachs holds $418 million worth of BTC ETF shares. Other blue-chip […]
The post Wall Street Giant Goldman Sachs Discloses Over $418,000,000 in Spot Bitcoin ETF Holdings in New Filing appeared first on The Daily Hodl.
Goldman Sachs' significant investment in Bitcoin ETFs signals growing institutional acceptance and could drive broader adoption of crypto assets.
The post Goldman Sachs holds $238 million in BlackRock’s Bitcoin ETF shares appeared first on Crypto Briefing.
Goldman Sachs CEO David Solomon expects the Federal Reserve to delay any emergency rate cuts until at least September despite weak job data, believing the U.S. economy will avoid a recession. Speaking on “The David Rubenstein Show,” Solomon indicated that while investors had anticipated potential rate cuts before the September meeting due to global market […]
Global investment bank Goldman Sachs has increased the likelihood of a U.S. recession within the next year to 25% from the previous 15%, although they maintain that the risk remains limited. Despite the recent rise in unemployment to its highest in nearly three years and a significant slowdown in hiring, Goldman economists, led by Jan […]
We listen to talk after talk about crypto finally achieving asset-class legitimacy, but truly speaking, the encroachment of Wall Street giants into the blockchain space is a double-edged sword. The following is an opinion editorial written by Karel Kubat, Founder of Union Labs. As blockchain enthusiasts, we’ve long championed decentralization, transparency, and democratized access—the 2008 […]
