Goldman Sachs Group Inc has restarted its cryptocurrency trading desk and will begin dealing bitcoin futures and non-deliverable forwards for clients from next week, a person familiar with the matter said. Bitcoin bull Michael Saylor weighed in this news and tweeted “Institutional adoption of Bitcoin strengthens with the arrival of Goldman Sachs to the marketplace. This news should accelerate the plans of other major banks to offer Bitcoin services.” The CBOE has filed to list shares of a bitcoin ETF from VanEck signaling a Bitcoin ETF could be approved by the SEC soon.
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Disclaimer – Thinking Crypto and Tony are not financial or investment experts. You should do your own research on each cryptocurrency and make your own conclusions and decisions for investment. Invest at your own risk, only invest what you are willing to lose. This channel and its videos are just for educational purposes and NOT investment or financial advice.