# iSharesBitcoinTrust

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Goldman Sachs acquires the #Bitcoin structured fund valued at 3.4 trillion Dollar in its latest deal.
Goldman Sachs is set to acquire Innovator Capital Management, a company that issues outcome-specific exchange-traded funds, for approximately two billion Dollars.
This may not seem significant, but it is a huge step for the investment bank that previously advised its clients to stay away from digital assets.
Goldman Sachs has shown increasing optimism towards cryptocurrencies and blockchain technology, having participated in 18 investments in blockchain companies between 2020 and 2024.
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Bull Run 🐂

BasheerAlgundubi

10-18 12:23

The #البيتكوين traded funds are recording weekly losses of more than 1.2 billion Dollar.
The #Bitcoin traded (ETFs) in the United States experienced losses of 1.22 billion Dollars this week, with the price of #BTC dropping from over 115,000 Dollars to less than 104,000 Dollars.
The biggest losses were for the fund
With an outflow of 268.6 million Dollar, followed by the Fidelity fund with an outflow of 67.2 million Dollar.
Bitcoin lost 6% this month, but it may see a recovery in the second half of October with expectations of interest rate cuts from the Federal Reserve.
Source: Cointel,,eg

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natadoz

12-02 14:34

Goldman Sachs acquired the fund structure #Bitcoin worth 3.4 trillion Dollar in its latest deal.
Goldman Sachs is expected to acquire Innovator Capital Management, a company that issues exchange-traded funds with specific yields, for approximately 2 billion Dollars.
This may seem unimportant, but it is a big step for investment banks that previously advised their clients to stay away from digital assets.
Goldman Sachs has shown increasing optimism towards cryptocurrency and blockchain technology, in which they have participated in 18 investments in blockchain companies between 2020 and 2024.

BTC-0,86%

ETH-0,53%

SOL-0,75%

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