{"id":625999,"date":"2025-02-12T11:44:09","date_gmt":"2025-02-12T11:44:09","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=625999"},"modified":"2025-02-12T11:44:09","modified_gmt":"2025-02-12T11:44:09","slug":"bitcoin-price-prediction-as-goldman-sachs-boosts-bitcoin-etf-holdings-to-1-5-billion-this-new-btc-meme-coin-ico-charges-toward-1-million","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/bitcoin-price-prediction-as-goldman-sachs-boosts-bitcoin-etf-holdings-to-1-5-billion-this-new-btc-meme-coin-ico-charges-toward-1-million","title":{"rendered":"Bitcoin Price Prediction: As Goldman Sachs Boosts Bitcoin ETF Holdings To $1.5 Billion, This New BTC Meme Coin ICO Charges Toward $1 Million"},"content":{"rendered":"

The Bitcoin price fell 2.4% in the last 24 hours to trade at $95,371 as of 00:04 a.m. EST on trading volume that plunged 9% to $31 billion.<\/span><\/p>\n

That came despite news that Goldman Sachs upped its BTC ETF (exchange-traded fund) holdings by 114% to $1.52 billion. It purchased $1.28 billion worth of shares in the BlackRock iShares Bitcoin Trust (IBIT) and $288 million worth of Fidelity Wise Origin Bitcoin Fund (FBTC), according to a 13F filing on Feb. 11.<\/span><\/p>\n

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In a 13F filing today, Goldman Sachs reported the following positions as of December 31. For each position, the change in shares occurred during October, November and December (so this includes the post-election period):<\/p>\n

$1.27 billion IBIT (24,077,861 shares). This is an 88%…<\/p>\n

— MacroScope (@MacroScope17) February 11, 2025<\/a><\/p><\/blockquote>\n