Goldman Sachs has significantly increased its stake in BlackRock's iShares Bitcoin Trust (IBIT) ETF, boosting its holdings by 28% to 30.8 million shares, now valued at $1.4 billion. This move underscores the growing institutional interest in Bitcoin ETFs.

BlackRock's IBIT ETF itself saw a substantial acquisition of 10,572 Bitcoin this week, surpassing the average weekly mining output of 3,150 Bitcoin. This indicates strong demand for Bitcoin through ETF investments.

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