BlackRock, Goldman Sachs, and Fidelity Boost Bitcoin Holdings to $1.65B, UAE and Other Nations Join In
By: defi news|2025/05/10 01:45:04
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BlackRock has increased its Bitcoin holdings by purchasing 682 BTC worth $69 million, followed by another $69 million acquisition, totaling $138 million in recent investments. This marks 18 straight days of inflows into Bitcoin for BlackRock.Goldman Sachs has disclosed holding $1.65 billion in Bitcoin through ETFs, becoming the largest global holder of BlackRock's IBIT with 30.8 million shares valued at $1.4 billion. The firm added 6.8 million shares of IBIT since December and maintains 3.47 million shares of FBTC valued at $250 million.To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
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