The post Goldman Sachs Increases Ether ETF Holdings by 2,000%, Indicating Potential for Institutional Ethereum Interest appeared on BitcoinEthereumNews.com.

Goldman Sachs’ significant increase in Ether and Bitcoin ETF holdings marks a pivotal moment for institutional crypto investment. The recent surge in Ethereum ETF inflows may signal the onset of a new investment trend, potentially dubbed “Ethereum Season.” According to COINOTAG, Goldman Sachs expanded its holdings in Ethereum and Bitcoin ETFs, demonstrating an enduring commitment to the crypto market. Goldman Sachs amplifies its cryptocurrency ETF investments, signaling robust institutional interest in Ether and Bitcoin amid rising market dynamics. Goldman Sachs leans towards ETH ETF Investment giant Goldman Sachs recently showcased strong confidence in the sector by increasing its spot Ether ETF holdings by an astonishing 2,000% in the fourth quarter of 2024. According to its Form 13F filing with the SEC, the investment powerhouse escalated its spot Ether ETF holdings from $22 million to $476 million. This strategic investment allocated nearly equal shares between BlackRock’s iShares Ethereum Trust (ETHA) and the Fidelity Ethereum Fund (FETH), alongside an additional $6.3 million into the Grayscale Ethereum Trust ETF (ETHE). In tandem, the firm augmented its Bitcoin ETF investments by 114%, reaching $1.52 billion. This encompassed a substantial $1.28 billion acquisition in the iShares Bitcoin Trust (IBIT), marking a 177% spike from Q3, and $288 million in the Fidelity Wise Origin Bitcoin Fund (FBTC). Is Ethereum season around the corner? Meanwhile, on the 11th of February, Bitcoin ETFs recorded outflows of $56.7 million, while Ethereum ETFs registered inflows of $12.6 million, as reported by Farside Investors. This change in capital allocation points towards a growing preference for Ethereum-based investment products over Bitcoin. Consequently, as Ethereum ETFs continue to attract new capital, speculation is rising that an “Ethereum Season” could be on the horizon. Furthermore, Goldman Sachs’ most recent filings illustrate a deepening dedication to the crypto ETF market, with the firm currently holding…

---

Filed under: News - @ February 12, 2025 11:23 am