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Goldman Sachs holds $710 million in Bitcoin ETFs

\Goldman Sachs, a major global investment bank once critical of Bitcoin, has disclosed significant holdings in Bitcoin exchange-traded funds (ETFs).

In a Nov. 14 filing with the United States Securities and Exchange Commission, Goldman Sachs reported about $718 million in holdings in eight Bitcoin ETFs. Since the second quarter, Goldman Sachs has added $300 million to its portfolio in Bitcoin ETF holdings, increasing exposure by 71%.

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