• Goldman hedge funds pivot to crypto after the US approves Bitcoin ETFs, signaling a market interest shift.
• Goldman’s crypto strategy focuses on derivatives, not spot products, amid ETF-driven demand.
• Investment in blockchain tech and tokenization projects reflects Goldman’s commitment to digital assets.

Goldman Sachs’ hedge-fund clients have reportedly increased their activities in the crypto options space, sparked by the approval of spot Bitcoin exchange-traded funds (ETFs). This shift, as noted by Max Minton, the head of digital assets for Goldman Asia Pacific, highlights a growing interest and engagement from the firm’s influential clientele. 

Minton’s comments, part of a March 24 Bloomberg report, reveal that this renewed enthusiasm is largely driven by the U.S. authorization of ten new Bitcoin ETFs. This event occurred earlier in January, marking a key moment for crypto assets within traditional market frameworks.

“The recent ETF approval has triggered a resurgence of interest and activities from our clients.”

According to Minton, the introduction of these ETFs has not only validated cryptocurrencies’ place in the financial markets but also…

The post Goldman Sachs Hedge-Fund Clients Surge Into Crypto Post Bitcoin ETF Approval appeared first on Coin Edition.

• Goldman hedge funds pivot to crypto after the US approves Bitcoin ETFs, signaling a market interest shift.
• Goldman’s crypto strategy focuses on derivatives, not spot products, amid ETF-driven demand.
• Investment in blockchain tech and tokenization projects reflects Goldman’s commitment to digital assets.

Goldman Sachs’ hedge-fund clients have reportedly increased their activities in the crypto options space, sparked by the approval of spot Bitcoin exchange-traded funds (ETFs). This shift, as noted by Max Minton, the head of digital assets for Goldman Asia Pacific, highlights a growing interest and engagement from the firm’s influential clientele. 

Minton’s comments, part of a March 24 Bloomberg report, reveal that this renewed enthusiasm is largely driven by the U.S. authorization of ten new Bitcoin ETFs. This event occurred earlier in January, marking a key moment for crypto assets within traditional market frameworks.

“The recent ETF approval has triggered a resurgence of interest and activities from our clients.”

According to Minton, the introduction of these ETFs has not only validated cryptocurrencies’ place in the financial markets but also…

The post Goldman Sachs Hedge-Fund Clients Surge Into Crypto Post Bitcoin ETF Approval appeared first on Coin Edition.