đź’ĄBREAKING: Goldman Sachs just disclosed owning $1.58 BILLION Bitcoin through BlackRock and Fidelity ETFs
🫡 @MacroScope17
Discussion
Which is zero Bitcoin unless they make an in-kind withdrawal to their own custody.
So Blackrock and Fidelity own it. Makes no difference to me.
Goldman Sachs doesn’t not own any #Bitcoin
Owning Bitcoin “through ETFs” is not owning Bitcoin
And it’s still early