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Goldman Sachs Sees Increased Interest in Crypto Options Trading Among Hedge Fund Clients After Spot Bitcoin ETF Approval

Goldman Sachs Sees Increased Interest in Crypto Options Trading Among Hedge Fund Clients After Spot Bitcoin ETF Approval

CointimeCointime2024/03/25 15:36
By:Cointime

Goldman Sachs has seen an increase in interest from its clients following the approval of spot bitcoin ETFs in the US. The banking giant is expanding its offerings to include asset managers, bank clients, and certain digital asset firms. Hedge fund clients have become more active in crypto options trading this year, with demand driven by existing clients but Goldman is also expanding its reach. The bank offers cash-settled bitcoin and ether option trading, as well as CME-listed BTC and ETH futures. Goldman Sachs did not immediately respond to requests for further comment.

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