Goldman Sachs Explores Collaboration with BlackRock and Grayscale for Spot Bitcoin ETFs
According to sources, Goldman Sachs is considering becoming an authorized participant for BlackRock and Grayscale’s proposed spot Bitcoin exchange-traded funds (ETFs). This potential involvement marks a significant shift among major US banks, who have traditionally avoided direct involvement with cryptocurrencies.
Goldman Sachs Joins the Race for Spot Bitcoin ETFs
This move positions Goldman Sachs alongside other financial giants such as JPMorgan Chase, Jane Street, and Cantor Fitzgerald,