Big Finance Turns to Crypto: Goldman Sachs Becomes Largest Institutional Holder of Bitcoin ETFs
These days, more and more big players from the traditional Web2 sector are turning their attention to the crypto market. They’re not just watching its rapid growth but actively investing in digital assets. This strengthens their financial positions and shows trust in the future of decentralized technologies. At Coinmooner, our team closely follows these trends, and today, we’re sharing one of the most notable updates from the world of institutional crypto investments.
According to recent data from a U.S. Securities and Exchange Commission (SEC) filing, investment giant Goldman Sachs has significantly increased its Bitcoin investments. As of March 31, 2025, the bank expanded its holdings in the iShares Bitcoin Trust (IBIT) by BlackRock by an impressive 28%. The total value of the IBIT shares owned by Goldman Sachs reached $1.4 billion, which equals 30.8 million shares. This makes Goldman Sachs the largest institutional holder of IBIT to date.
Interestingly, the next biggest investor holds around 25 million fund shares worth close to $1.4 billion. This shows how competitive the market is among institutional investors trying to secure strong positions in the most liquid Bitcoin ETFs. Other major holders of IBIT include respected financial firms like Jane Street, D.E. Shaw, and Symmetry Investments, all well-known in high-frequency trading and hedge funds.
Crypto Race Heats Up: Goldman Sachs Leads the Pack with 28% Increase in Bitcoin ETF Holdings
It’s worth noting that Goldman Sachs’ interest in crypto funds goes beyond just IBIT. In February 2025, the bank disclosed $1.5 billion in investments across various U.S. spot Bitcoin ETFs. Out of this, $1.2 billion was invested in IBIT, and another $288 million was invested in FBTC, managed by financial giant Fidelity. However, the latest data shows that IBIT remains Goldman Sachs’ top priority, while its FBTC position has remained the same.
This choice makes sense: BlackRock’s iShares Bitcoin Trust has become the fastest-growing Bitcoin ETF on the market. As of early May 2025, its assets under management (AUM) have surpassed a stunning $62.8 billion, according to data from analytics platform Farside Investors. This reflects strong interest from institutional investors and growing trust in funds backed by top global asset managers.
Finally, Coinmooner wants to remind everyone that security is key in the fast-moving Web3 world where high technology meets financial innovation. Using advanced protection methods, like multi-factor authentication, hardware wallets, and regular smart contract audits, is essential to keeping personal data and digital assets safe. Take care and invest wisely.
