By choosing to invest $ETH in DeFi protocols rather than selling it, the Foundation is providing liquidity to these platforms and also demonstrating confidence in decentralised finance as a critical part of the Ethereum ecosystem.
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.