• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
Buy Neo Pepe
No Result
View All Result
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: World Liberty Financial Accuses Exchange Of Token Manipulation, Justin Sun Blacklisted
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: World Liberty Financial Accuses Exchange Of Token Manipulation, Justin Sun Blacklisted
Goldman Sachs BTC ETFs Bet Benefits New Crypto Meme Index

How Goldman Sachs Doubling Down on Bitcoin ETFs Boosts New Crypto Like Meme Index

Bitcoinist
by Bitcoinist
6 months ago
·
Posted in Bitcoin News, Crypto News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

New York-based banking titan Goldman Sachs has more than doubled its Bitcoin exchange-traded fund ($BTC EFT) holdings.

The company’s latest quarterly report reveals it now holds $1.57B in $BTC ETFs, more than twice its Q3 2024 value.

Most of Goldman Sachs’ funds – over $1.25B – lie in BlackRock’s IBIT (iShares Bitcoin Trust).

Sachs also holds a sizable chunk of Ethereum ($ETH) ETFs and other crypto options.

Let’s unpack why this matters for the wider crypto market and for new crypto projects like Meme Index.

Goldman Sachs Triples Bitcoin ETF Holdings

In the previous quarter, Goldman Sachs reported it held $461M worth of IBIT shares, which made it the fund’s second-largest holder, only rivaled by Millennium Management with its $844M pile.

Now that Sachs has nearly tripled its IBIT exposure, it outstripped the competition.

Additionally, Sachs bought $288M worth of Fidelity’s FBTC (Wise Origin Bitcoin ETF). Its $3.6M GBTV (Grayscale Bitcoin Trust) holdings, however, remained unchanged.

Sachs’ Altcoin Options Now Total $760M

Sachs’ other crypto options now total $760M, and its $ETH portfolio grew nearly 19x from $25.1M last quarter to $476.5M.

Half of Goldman Sachs’ $ETH exposure is through Fidelity’s FETH (Fidelity Ethereum Fund) and half through BlackRock’s ETHA (iShares Ethereum Trust).

It’s worth noting that such an impressive increase also has to do with the surge in $BTC and $ETH value, 40.6% and 26.2% from Q3, respectively.

Overall, the 12 $BTC ETFs saw $40.46B in net inflows since their launch. BlackRock’s IBIT is the largest fund with $40.87B in inflows, followed by Fidelity’s FBTC with $12.60B inflows. Grayscale’s GBTC suffered $21.95B outflows.

The scale of $ETH ETF investments can’t compete with $BTC. Still, institutional interest is evident from $3.17B cumulative inflows. BlackRock yet again leads the pack with its ETHA fund ($4.44B inflows), while Grayscale’s ETHE falls behind with $3.95B outflows.

Meme Index ($MEMEX) Brings Index Investing to the $120B Meme Coin Market

While banking giants build their crypto portfolios, degen investors are reviving old-school TradFi concepts.

Indexes are no longer reserved only for ‘serious’ assets like stocks, bonds, and commodities.

Meme Index ($MEMEX) is rolling out the world’s first meme coin index. Essentially, it provides exposure to the $120B meme coin market through four baskets that cater to different risk appetites.

Each of the baskets contains eight tokens, from OG memes like Dogecoin ($DOGE) to new, volatile players like Fartcoin ($FARTCOIN).

Meme Index presale

By spreading investment across several projects, you offset potential losses and risk.

The $MEMEX token presale kicked off in January and has already hit the $3.5M milestone. One $MEMEX now costs $0.0160993, but the price is set to increase tomorrow.

Never before did degens have the opportunity to gain exposure to highly speculative assets in such a safe way. Given this unique positioning, $MEMEX could reach $0.074 by the end of 2025 and bring its supporters even greater gains in the long run.

To buy $MEMEX, visit the official presale website, connect your wallet, and pay with $ETH, $BNB, $USDT, or a bank card. Alternatively, secure your share of tokens through Best Wallet’s top presales aggregator.

Goldman Sachs Goes All-In

Goldman Sachs isn’t just dipping its toes in the crypto waters – it’s diving in headfirst.

Wall Street heavyweights investing billions in crypto suggests it is now perceived as a legitimate asset class, which will surely drive broader adoption and innovation.

Meanwhile, the crypto community is taking pages from Wall Street’s book, with creative solutions like $MEMEX providing a safer entry into the meme coin market for risk-averse investors.

As always, though, we remind you to DYOR before investing in any cryptocurrency. The market is notoriously volatile, and even tools like indexes don’t fully mitigate the risk.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Bitcoinist

Bitcoinist

Follow

Bitcoinist is the ultimate news and review site for the crypto currency community!

Full Profile

Related Posts

Binance Liquidity Flows Into Stablecoins As Bitcoin Exposure Cools

Binance Bitcoin Liquidity Flows Into Stablecoins As BTC Exposure Cools

4 hours ago
Bitcoin

Is The Bitcoin Top In? This Metric Points Toward Possible Bull Cycle End – Here’s The Timeline

7 hours ago
BingX Launches WLFI Listing Carnival with 900K Token Reward Bonanza

BingX Launches WLFI Listing Carnival with 900K Token Reward Bonanza

8 hours ago
MemeCore Explodes 244% In Weekly Gains, Sparks Hunt for Next 1000x Altcoins

MemeCore Explodes 244% In Weekly Gains, Sparks Hunt for Next 1000x Altcoins

8 hours ago
$HYPER Predicted to Jump 2390% Viral Presale Nears $14M

$HYPER Predicted to Jump 2390% Viral Presale Nears $14M

11 hours ago
Best Cryptos to Buy as ChatGPT Predicts $400 Solana By Year's End

Best Cryptos to Buy as ChatGPT Predicts $400 Solana By Year’s End

12 hours ago

Premium Sponsors

Press Releases

  • miner

    ADA’s path to long-term success: Integrating with...

    5 hours ago
  • Bitget and Bitget Wallet Support Trading of Over 100...

    7 hours ago
  • miner

    XRP Price From a High of $3.65 to a Low of $2.72: How GMO...

    10 hours ago
  • miner

    7 Trending Crypto Mining Apps This Year That Give Free...

    12 hours ago
  • mining

    6 Most Reliable Crypto Mining Software to Help Miners...

    13 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Buy Neo Pepe

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.