One of the largest international investment banks Goldman Sachs reported to the US Securities and Exchange Commission (SEC) on an increase in investment in Bitcoin funds by 90% in the last three months of 2024.

In the report reportedthat the bank adjusted its general cryptocurrency exposition, excluding small bitcoin-ETFs from the investment process. According to Goldman Sachs, now the company owns 24,077,861 Ishares Bitcoin Trust ETF (IBIT) in the amount of $ 1.27 billion and 3,530,486 FIDELITY WISE WISE Origin Bitcoin Fund (FBTC) for $ 288 million.

In addition, Goldman Sachs took up the sale of cryptocurrency options and has IBIT calls on the amount of $ 157 million, IBIT options for $ 527 million and FBTC options for $ 84 million.

At the beginning of last year, the head of the Goldman Sachs investment unit Sharmin Mossavar-Rahmani, in an interview for Wall Street, that the institutional customers of Goldman Sachs do not show much interest in bitcoin and its derivatives, since cryptocurrencies do not have a practical value for an investment market.

However, completing 2024, Goldman Sachs CEO David Solomon noted that in 2025 he expects positive changes in cryptocurrency legislation, and the bank will continue to study the investment capabilities of cryptocurrencies, especially bitcoin and ether.