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    Home»ETFs»Goldman Sachs Holds Over $400M in Bitcoin ETFs; Crypto.com’s New Sponsorship Deal | Video
    ETFs

    Goldman Sachs Holds Over $400M in Bitcoin ETFs; Crypto.com’s New Sponsorship Deal | Video

    August 14, 2024


    Goldman Sachs holds a Bitcoin ETF bag and crypto.com secures a sponsorship deal with the Champions League. You’re watching Coin Desk daily. I’m your host, Jen Sani Filings show that Goldman Sachs has got a bag of Bitcoin ETF s in their pockets. The investment bank disclosed in its quarterly 13 F that it holds positions in seven out of the 11 Bitcoin ETF S in the United States. Its largest holding is the Ishares Bitcoin Trust at $238.6 million followed by Fidelity’s Bitcoin ETF at 79.5 million. Then 6.1 million of invest Galaxies Bitcoin ETF and $35.1 million in gray scales G BT C. It also holds smaller positions in B I TB BT CW and a RKB. Goldman Sachs Digital Asset desk is primarily focused on the digitization of assets and the bank has previously said that its clients were not interested in crypto nearly two years after pulling the plug on a similar deal. Crypto.com became the official sponsor of the UEFA Champions League. Europe’s premier club soccer competition. The sponsorship will be unveiled officially at Wednesday’s UEFA Super Cup match between Real Madrid and Atlanta and Warsaw. According to an announcement by the exchange, the company’s aborted sponsorship. The Champions League in 2022 was said to be worth $495 million and neither financial terms nor the length of the contract were disclosed from the latest deal. Crypto.com was one of the most active digital asset firms in securing sports sponsorship deals in 2021 to 2022 including the naming rights to the home of the NB A’s Los Angeles Lakers and Meta mask. The popular self custodial crypto wallet for the Ethereum network is starting the roll out of its Blockchain based debit card. The meta mask card is developed with payments giant Mastercard and crypto payment specialist. Banks, Metamask told Coindesk that the card will initially be available in a limited pilot of a few 1000 digital only cards to users in the European Union countries. And UK, Mastercard has been working with banks on its web three payments initiative connecting traditional payments with crypto platforms like hardware wallet, firm ledger and decentralized exchange one inch rival company Visa. Meanwhile has partnered with Circles us DC stablecoin and the S Lana network to speed up cross border payments. That’s it for coin desk daily, get more updates on coindesk.com and we’ll see you next time.



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