Goldman Sachs’ Bitcoin ETF Bet Soars To $1.5 Billion
Goldman Sachs has ramped up its spot Bitcoin exchange-traded fund (ETF) holdings to over $1.5 billion, underscoring its deepening commitment to cryptocurrencies in the final quarter of 2024. The latest 13F filing with the US Securities and Exchange Commission (SEC) shows a notable expansion in both BTC and Ethereum-related positions, reflecting growing institutional confidence in […]
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American investment bank Goldman Sachs confirms its crypto desk plans and reports that 40% of its surveyed clients already have exposure to crypto. American banking giant Goldman Sachs has officially confirmed its plans to revive a cryptocurrency trading desk amid increasing demand from investors.Matt McDermott, global head of digital assets for Goldman Sachs' global markets division, announced that the company will provide access to CME Bitcoin (BTC) futures on its upcoming crypto platform. In a Friday Exchanges at Goldman Sachs podcast, the executive also noted that Goldman Sachs will....
Galaxy Digital previously facilitated the launch of Goldman Sachs’ Bitcoin futures trading product for CME Group in June 2021. American investment bank Goldman Sachs continues to expand its cryptocurrency trading expertise by executing its first-ever over-the-counter (OTC) crypto options trade.Goldman Sachs executed its first OTC crypto transaction in collaboration with the trading unit of Michael Novogratz’s cryptocurrency investment management firm Galaxy Digital.According to a joint announcement on Monday, the OTC transaction was in the form of a Bitcoin (BTC) non-deliverable option,....
New York-based banking titan Goldman Sachs has more than doubled its Bitcoin exchange-traded fund ($BTC EFT) holdings. The company’s latest quarterly report reveals it now holds $1.57B in $BTC ETFs, more than twice its Q3 2024 value. Most of Goldman Sachs’ funds – over $1.25B – lie in BlackRock’s IBIT (iShares Bitcoin Trust). Sachs also […]
A Goldman Sachs senior chairman has asked why crypto is not having a moment despite “the inflating U.S. dollar” and governments demonstrating that they can and will freeze accounts under certain circumstances. “Not seeing it in the price, so far,” he said.
Goldman Sachs’ Blankfein Has a Question About Crypto
Lloyd Blankfein, who is currently senior chairman of the Goldman Sachs Group, tweeted about crypto Sunday. Blankfein previously served as Goldman Sachs’ chairman and chief executive officer from 2006 through September....
Lloyd Blankfein, a former Goldman Sachs CEO who is now the firm’s senior chairman, says his view on cryptocurrency is evolving. “I look at the crypto, and it is happening,” he added.
Goldman Sachs Executive Lloyd Blankfein Says Crypto ‘Is Happening’
Lloyd Blankfein, a former Goldman Sachs CEO who has voiced skepticism about cryptocurrency in the past, said in an interview with CNBC this week that his view on crypto is “evolving.”
Blankfein served as Goldman Sachs’ chairman and chief executive officer from....