Goldman Sachs Expands Bitcoin ETF Holdings as Morgan Stanley Reduces Exposure

Institutional interest in Bitcoin ETFs grows, with hedge funds and banks adjusting their crypto investment strategies.

Goldman Sachs invested $418 million in Bitcoin ETFs, including BlackRock's iShares Bitcoin Trust.
Morgan Stanley cut its Bitcoin ETF holdings to $189 million from $270 million, focusing on iShares Trust.
Hedge funds like Millennium Management and Capula Investment Management hold significant Bitcoin ETF positions.
Spot Bitcoin ETFs have attracted $17.5 billion in net flows since January, with total assets reaching $53.5 billion.
New spot Ether ETFs have also gained traction, holding $7.6 billion in assets.