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The bank has exited several smaller Bitcoin ETF positions. Instead, Goldman is focusing its investments on funds managed by BlackRock and Fidelity, two of the most well-established names in asset management.

In the past, there were rumours that Strategy might pause its Bitcoin buying due to tax liabilities. However, the latest move dismisses these concerns. 

The biggest development this week has been of Ethereum surpassing Bitcoin in terms of inflows. After the price of Ethereum dropped to around $2,100, investors took the opportunity to buy in at a lower price.