Global investment bank Goldman Sachs has reported holdings of $418 million in spot bitcoin exchange-traded funds (ETFs) in the second quarter. Its biggest position is a $238 million stake in Blackrock’s Ishares Bitcoin Trust (IBIT). In contrast, Morgan Stanley reduced its bitcoin ETF holdings. Meanwhile, hedge funds are taking a more aggressive stance in the […]
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Key TakeawaysPeter Schiff declared bitcoin is in a long-term bear market after prices fell 22% over seven weeks.Gold futures also dropped below $3,900 an ounce, challenging its reputation...
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