Goldman Sachs, Capula, Avenir were biggest BTC ETF buyers in Q2

Goldman Sachs, Capula, and Avenir were the largest buyers of Bitcoin ETFs in the second quarter of 2024, according to CoinShares. This significant investment underscores the growing interest in Bitcoin ETFs among institutional investors. Goldman Sachs, in particular, disclosed substantial holdings in various Bitcoin ETFs, including the ARK 21Shares Bitcoin ETF, Bitwise Bitcoin ETF Trust, Fidelity Wise Origin Bitcoin ETF, Grayscale Bitcoin Trust, Invesco Galaxy Bitcoin ETF, iShares Bitcoin Trust, and WisdomTree Bitcoin Fund. These investments total nearly $419 million, highlighting Goldman Sachs’ commitment to the digital assets market. The substantial purchases by these institutions reflect a broader trend of institutional adoption and confidence in Bitcoin ETFs.

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