Simply Bitcoin 2nd LARGEST Bank Quietly Becomes BIGGEST BlackRock ETF Holder | EP 1242
May 12, 2025
Frank Holmes, Executive Chairman of Hive Digital Technologies and a gold market expert, discusses the significant shift in institutional interest towards Bitcoin. He highlights Goldman Sachs’ emergence as a major player by investing $1.4 billion into BlackRock's Bitcoin ETF. The conversation dives into Bitcoin’s resilience in tough market conditions, its potential as an alternative asset, and why younger generations are increasingly embracing it. Holmes also shares insights on Hive's strategic growth initiatives in Paraguay, integrating AI and sustainable practices into Bitcoin mining.
AI Snips
Chapters
Transcript
Episode notes
Goldman Sachs Boosts Bitcoin ETF Stake
- Goldman Sachs became the second biggest holder of BlackRock's Bitcoin ETF, signaling major institutional interest.
- This marks a significant trend of large banks quietly positioning for Bitcoin's growth.
Buy and Hold Bitcoin Strategy
- Buy Bitcoin regularly in small amounts even if you can only afford fractions.
- Hold long-term to accumulate significant Bitcoin over time.
Accumulate Bitcoin with ETFs
- Accumulate Bitcoin steadily, focusing on long-term holding despite volatility.
- Utilize Bitcoin ETFs like VanEck's for accessible exposure and income potential.