Goldman Sachs increases its bet on Ethereum

Goldman Sachs disclosed 2.36 billion in crypto exposure in its quarterly filing, and markets have taken notice of the portfolio s unusual structure.
The bank holds around 1.1 billion in Bitcoin and nearly as much 1.0 billion in Ethereum, which is atypical for institutional investors who usually maintain a clear overweight toward BTC.
Goldman gains most of its exposure through regulated spot ETFs, including products from BlackRock and other major asset managers, and its crypto position grew by roughly 15 over the quarter.