Goldman Sachs and BlackRock Team Up to Explore Bitcoin ETF with Grayscale: Insider Report

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,