goldman sachs

Goldman Sachs Files Defi ETF Application

<div class=”featured_image_container”> </div> <strong>Goldman Sachs, one of the biggest banking institutions in the world, has filed an application to offer an Exchange Traded Fund (ETF) linked to the performance of decentralized finance (defi) companies. The instrument, if approved, would help institutions and retail investors gain exposure to defi assets with the help of a regulated …

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Goldman Sach’s new ‘DeFi’ ETF is anything but

The proposed fund, dubbed the Goldman Sachs Innovate DeFi and Blockchain Equity ETF, strives to track the Decentralized Finance and Blockchain Index from German financial indices provider, Solactive. The fund will invest at least 80% of its assets into securities, stocks, and depository receipts featured in the index. The filing asserts the index seeks to …

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JPMorgan Says a Lot of Clients See Cryptocurrency as Asset Class and Want to Invest

<div class=”featured_image_container”> </div> <strong>JPMorgan says a lot of its asset and wealth management clients think cryptocurrency is an asset class and they want to invest in it. “Our job is to help them to put their money where they want to invest,” said the CEO of J.P. Morgan Asset &amp; Wealth Management.</strong> A Lot of …

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Billionaire SBF says FTX may one day buy Goldman Sachs and CME

Hong-Kong-based billionaire Sam Bankman-Fried has stated that FTX may consider buying U.S. financial giant Goldman Sachs and exchanges such as Chicago Mercantile Exchange (CME) in the future. Speaking with the Financial Times on July 14, Bankman-Fried stated that if FTX can become the top crypto exchange and supplant rivals such as Coinbase and Binance, the …

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Goldman Sachs Sees More Potential in Ether Than Bitcoin

<div class=”featured_image_container”> </div> <strong>Global investment bank Goldman Sachs says ether is the cryptocurrency with the highest real use potential and it could overtake bitcoin as the dominant digital store of value.</strong> Ether Could Overtake Bitcoin as Dominant Store of Value, Says Goldman Sachs Goldman Sachs shared its view on the future outlook for bitcoin and …

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Bitcoin may lose $30K price level if stocks tank, analysts warn

The ghost of stock market crash is back again to haunt Bitcoin (BTC). It happened last in March 2020. Back then, the prospect of the fast-spreading coronavirus pandemic led to lockdowns across developed and emerging economies. In turn, global stocks crashed in tandem, and Bitcoin lost half of its value in just two days. Meanwhile, …

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Goldman Sachs Leverages Crypto Management Firm Galaxy Digital to Swap Bitcoin Futures

<div class=”featured_image_container”> </div> <strong>Galaxy Digital’s co-president Damien Vanderwilt announced today that his firm has partnered with Goldman Sachs to help provide bitcoin futures products. The partnership marks one of the first occasions where an American multinational investment bank has partnered with a crypto asset service provider.</strong> Galaxy Serves as Goldman’s Counterparty for Bitcoin Futures Trading …

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Goldman Sachs analysts divided over whether Bitcoin is an ‘investable asset class’

Wall Street investment bank Goldman Sachs has made another U-turn on its stance toward Bitcoin as it struggles to define the asset’s investment status. The investment bank flip-flopped again in its approach to cryptocurrencies with a report issued earlier this week that claims  they are not a “viable investment”. The report, titled “Digital Assets: Beauty …

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Goldman Sachs Expands Cryptocurrency Trading Desk With Ether Futures and Options

<div class=”featured_image_container”> </div> <strong>Investment bank Goldman Sachs has reportedly unveiled its plans to expand its cryptocurrency desk to offer ether futures and options trading. The bank says “institutional adoption will continue,” noting that “Despite the material price correction, we continue to see a significant amount of interest in this space.”</strong> Goldman Sachs Gets Ready to …

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Goldman Sachs Survey: Chief Investment Officers Say Bitcoin Is Their Least Favorite Investment

<div class=”featured_image_container”> </div> <strong>Investment bank Goldman Sachs recently held two roundtable sessions for chief investment officers of hedge funds. The bank found that they see bitcoin as their least favorite investment. In contrast, the latest Bank of America Fund Manager Survey found that “long bitcoin” was the most crowded trade.</strong> CIOs Reveal Their Most and …

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