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30
Mar, 2021

New Bitcoin ETF from Goldman Sachs?

Another move from Goldman Sachs show new perspectives in the Bitcoin world. A new ETF was filed for approval from SEC, shows that 65 % of invested capital will be placed at domestic and foreign equities while the rest of them will be placed at different assets.

 

The appendix states that one of the choices will be Bitcoin through existing investment solutions like ETFs or through direct buying at crypto exchanges.

 

In parallel, the same product will invest in new fintech technologies and startups that develop this kind of technologies. The demand from large investment companies is more intense as Morgan Stanley announced that it will allow customers to invest at cryptocurrencies through existing accounts.