Goldman Sachs Increases Bitcoin ETF Stake Over $1.5 Billion In Q4, Reports A Massive 1793% Jump In Ethereum ETF Holdings
Goldman Sachs Increases Crypto Holdings: In Q4 2024, Goldman Sachs significantly boosted its investments in Bitcoin and Ethereum ETFs, acquiring millions of shares in Fidelity Wise Origin Bitcoin Fund and iShares Bitcoin Trust ETF, raising total Bitcoin ETF holdings to $1.56 billion.
Ethereum ETF Investments Surge: The bank also expanded its Ethereum positions, purchasing shares in iShares Ethereum Trust ETF and Fidelity Ethereum Fund, increasing total Ethereum ETF exposure to $476.5 million from just over $25 million in the previous quarter.
Trade with 70% Backtested Accuracy
Analyst Views on GBTC
About the author
Two Bitcoin ETFs to Steer Clear Of—and One to Keep an Eye On for 2026
Market Performance: Over the past year, Bitcoin has seen a significant decline, losing nearly 15% since its peak in October 2025, while the financial sector has underperformed compared to other sectors in the S&P 500.
ETF Developments: The approval of the first spot Bitcoin ETFs in January 2024 has led to increased demand, with nearly $10 billion in inflows into Bitcoin exchange-traded products (ETPs) in 2025, despite the overall market challenges.
Expense Ratios: Bitcoin ETFs like the Grayscale Bitcoin Trust (GBTC) and ProShares Bitcoin ETF (BITO) have higher expense ratios compared to average actively managed ETFs, which may deter some investors despite their liquidity.
Investment Trends: Institutional investors have shown a strong preference for Bitcoin ETFs, with significant inflows surpassing outflows, indicating a growing interest in cryptocurrency exposure among traditional investors.
This Bitcoin Bull Has Reduced Their Price Prediction
Bitcoin Price Forecasts: Standard Chartered has revised its Bitcoin price forecasts, lowering expectations for 2025 from $200K to $100K, and for 2026 from $300K to $150K, while pushing the 2030 target to $500K from 2028.
Market Dynamics: The recent price decline in Bitcoin is attributed to reduced buying from digital asset treasury companies, with expectations of consolidation rather than outright selling, as ETF inflows are anticipated to resume periodically.
Institutional Buying Trends: Bernstein analysts suggest that Bitcoin is in a prolonged bull cycle, with institutional buying countering retail panic selling, despite a significant price correction.
Current Market Status: As of the latest update, Bitcoin is trading at $92,245, reflecting a 2.4% increase, amidst ongoing discussions about its future price trajectory and market conditions.
Nasdaq Proposes Quadrupling Options Limit for IBIT — Are Bitcoin ETFs Ready to Launch?
Nasdaq's Proposal for IBIT: Nasdaq's International Securities Exchange is seeking to increase the options position limits for BlackRock's iShares Bitcoin Trust (IBIT) from 250,000 to 1 million contracts, aiming to position it alongside major equities and ETFs, reflecting a shift in Bitcoin's role in institutional investing.
Impact on Market Dynamics: Analysts suggest that raising the limits would enhance liquidity and allow institutions to create more complex structured products, thereby supporting long-term ETF flows and indicating a growing demand for Bitcoin derivatives.
Broader Benefits for Bitcoin ETFs: The proposal is expected to positively influence other Bitcoin ETFs, such as Grayscale Bitcoin Trust and ARK 21Shares Bitcoin ETF, by making them more attractive to institutional investors who utilize hedging strategies.
Future Implications for ETF Issuers: If approved, the expanded options for IBIT may encourage other ETF issuers and exchanges to adopt similar frameworks, potentially transforming the competitive landscape for Bitcoin ETFs.
$6 Billion Collapse: The Unexpected Crypto ETF Crash Shocking Wall Street
Significant Outflows from Bitcoin ETFs: U.S. spot Bitcoin ETFs have experienced record net outflows, with approximately $3.7 billion redeemed in November alone, marking it as the worst month for Bitcoin ETFs to date.
Impact on Bitcoin Prices: The substantial withdrawals have contributed to a 21% decline in Bitcoin's price month-to-date, as investor sentiment shifts to a risk-off approach amid macroeconomic uncertainties.
IBIT's Major Drawdown: The iShares Bitcoin Trust (IBIT) has faced the largest one-day withdrawal since its launch, losing about $2.2 billion in November, reflecting a broader trend of significant outflows across various Bitcoin ETFs.
Ripple Effects on Market Dynamics: Large redemptions from Bitcoin ETFs may force fund managers to sell underlying Bitcoin holdings, potentially increasing market supply and further pressuring prices, while diminishing investor confidence in the ETF space.
Bitcoin ETFs Experience Historic $3.79B Outflows in November as BTC Approaches Its Worst Month Since 2022 - Report
Record Outflows from Bitcoin ETFs: U.S.-listed spot bitcoin ETFs experienced a historic $3.79 billion in outflows in November, surpassing the previous record of $3.56 billion, with BlackRock’s bitcoin ETF alone accounting for over $2 billion in redemptions.
New Inflows for Other Cryptos: Despite the outflows from bitcoin ETFs, newly launched Solana and XRP ETFs attracted significant net inflows of $300.46 million and $410 million, respectively.
Bitcoin and Ether Price Declines: Bitcoin's price fell below $85,000, marking a potential worst month since the 2022 crypto collapse, while Ether also saw a significant drop, contributing to a broader decline in the crypto market.
Increased Market Volatility: The overall market sentiment has soured, leading to a spike in volatility, with notable declines in various cryptocurrencies, including XRP, Binance Coin, and Dogecoin.
Grayscale Investments® Plans to Change Name and Launch Grayscale XRP Trust Listing
Name Change Announcement: Grayscale Investments Sponsors, LLC plans to rename the Grayscale XRP Trust to Grayscale XRP Trust ETF (GXRP) effective November 21, 2025.
Trading Symbol Update: The Trust's shares will begin trading under the new name and symbol "GXRP" on NYSE Arca on or about November 24, 2025.
Stock Certificates Validity: Existing stock certificates for the Trust will remain valid and do not need to be exchanged due to the name change.
Listing Timeline Uncertainty: There is no guarantee that the GXRP shares will be listed or start trading on the anticipated timeline.
Two Bitcoin ETFs to Steer Clear Of—and One to Keep an Eye On for 2026
Market Performance: Over the past year, Bitcoin has seen a significant decline, losing nearly 15% since its peak in October 2025, while the financial sector has underperformed compared to other sectors in the S&P 500.
ETF Developments: The approval of the first spot Bitcoin ETFs in January 2024 has led to increased demand, with nearly $10 billion in inflows into Bitcoin exchange-traded products (ETPs) in 2025, despite the overall market challenges.
Expense Ratios: Bitcoin ETFs like the Grayscale Bitcoin Trust (GBTC) and ProShares Bitcoin ETF (BITO) have higher expense ratios compared to average actively managed ETFs, which may deter some investors despite their liquidity.
Investment Trends: Institutional investors have shown a strong preference for Bitcoin ETFs, with significant inflows surpassing outflows, indicating a growing interest in cryptocurrency exposure among traditional investors.
This Bitcoin Bull Has Reduced Their Price Prediction
Bitcoin Price Forecasts: Standard Chartered has revised its Bitcoin price forecasts, lowering expectations for 2025 from $200K to $100K, and for 2026 from $300K to $150K, while pushing the 2030 target to $500K from 2028.
Market Dynamics: The recent price decline in Bitcoin is attributed to reduced buying from digital asset treasury companies, with expectations of consolidation rather than outright selling, as ETF inflows are anticipated to resume periodically.
Institutional Buying Trends: Bernstein analysts suggest that Bitcoin is in a prolonged bull cycle, with institutional buying countering retail panic selling, despite a significant price correction.
Current Market Status: As of the latest update, Bitcoin is trading at $92,245, reflecting a 2.4% increase, amidst ongoing discussions about its future price trajectory and market conditions.
Nasdaq Proposes Quadrupling Options Limit for IBIT — Are Bitcoin ETFs Ready to Launch?
Nasdaq's Proposal for IBIT: Nasdaq's International Securities Exchange is seeking to increase the options position limits for BlackRock's iShares Bitcoin Trust (IBIT) from 250,000 to 1 million contracts, aiming to position it alongside major equities and ETFs, reflecting a shift in Bitcoin's role in institutional investing.
Impact on Market Dynamics: Analysts suggest that raising the limits would enhance liquidity and allow institutions to create more complex structured products, thereby supporting long-term ETF flows and indicating a growing demand for Bitcoin derivatives.
Broader Benefits for Bitcoin ETFs: The proposal is expected to positively influence other Bitcoin ETFs, such as Grayscale Bitcoin Trust and ARK 21Shares Bitcoin ETF, by making them more attractive to institutional investors who utilize hedging strategies.
Future Implications for ETF Issuers: If approved, the expanded options for IBIT may encourage other ETF issuers and exchanges to adopt similar frameworks, potentially transforming the competitive landscape for Bitcoin ETFs.
$6 Billion Collapse: The Unexpected Crypto ETF Crash Shocking Wall Street
Significant Outflows from Bitcoin ETFs: U.S. spot Bitcoin ETFs have experienced record net outflows, with approximately $3.7 billion redeemed in November alone, marking it as the worst month for Bitcoin ETFs to date.
Impact on Bitcoin Prices: The substantial withdrawals have contributed to a 21% decline in Bitcoin's price month-to-date, as investor sentiment shifts to a risk-off approach amid macroeconomic uncertainties.
IBIT's Major Drawdown: The iShares Bitcoin Trust (IBIT) has faced the largest one-day withdrawal since its launch, losing about $2.2 billion in November, reflecting a broader trend of significant outflows across various Bitcoin ETFs.
Ripple Effects on Market Dynamics: Large redemptions from Bitcoin ETFs may force fund managers to sell underlying Bitcoin holdings, potentially increasing market supply and further pressuring prices, while diminishing investor confidence in the ETF space.
Bitcoin ETFs Experience Historic $3.79B Outflows in November as BTC Approaches Its Worst Month Since 2022 - Report
Record Outflows from Bitcoin ETFs: U.S.-listed spot bitcoin ETFs experienced a historic $3.79 billion in outflows in November, surpassing the previous record of $3.56 billion, with BlackRock’s bitcoin ETF alone accounting for over $2 billion in redemptions.
New Inflows for Other Cryptos: Despite the outflows from bitcoin ETFs, newly launched Solana and XRP ETFs attracted significant net inflows of $300.46 million and $410 million, respectively.
Bitcoin and Ether Price Declines: Bitcoin's price fell below $85,000, marking a potential worst month since the 2022 crypto collapse, while Ether also saw a significant drop, contributing to a broader decline in the crypto market.
Increased Market Volatility: The overall market sentiment has soured, leading to a spike in volatility, with notable declines in various cryptocurrencies, including XRP, Binance Coin, and Dogecoin.
Grayscale Investments® Plans to Change Name and Launch Grayscale XRP Trust Listing
Name Change Announcement: Grayscale Investments Sponsors, LLC plans to rename the Grayscale XRP Trust to Grayscale XRP Trust ETF (GXRP) effective November 21, 2025.
Trading Symbol Update: The Trust's shares will begin trading under the new name and symbol "GXRP" on NYSE Arca on or about November 24, 2025.
Stock Certificates Validity: Existing stock certificates for the Trust will remain valid and do not need to be exchanged due to the name change.
Listing Timeline Uncertainty: There is no guarantee that the GXRP shares will be listed or start trading on the anticipated timeline.
