Wall Street giant Goldman Sachs After Bitcoin (BTC) Ethereum (ETH) began to consider his options.
Goldman Sachs has announced a first for the bank in recent weeks. Bitcoin (BTC) He traded options. This transaction is one of the largest digital fund managers. Galaxy Digital was done through.
The banking giant now bitcoin After trading, the bank announced that they are planning to offer Ethereum options trading (OTC) for their clients.
Increasing Customer Interest in Ethereum!
Speaking on the subject during the bank’s client webinar a few days ago, Goldman’s head of global crypto trading Andrei Kazantsevsaid that Ethereum, the second largest cryptocurrency after Bitcoin, has seen increasing interest from its customers.
“The transition of Ethereum to the PoS system is eagerly awaited. In this context, we see an increased interest of customers towards ETH before the transition to PoS.”
The investment bank ETH He added that they plan to launch the product when the time comes.
Speaking at the same seminar, from the bank’s digital assets team George Lewin Smith in “Goldman Sachs customers are increasingly looking to Ethereum and customers are seeing ETH as a more investable asset class” told.
OTC transactions are generally seen as aimed at institutional investors as they involve large transactions.
With Goldman Sachs launching OTC crypto products, the bank’s large institutional clients cryptocurrency indicates an increased interest in options.
Goldman Sachs customers who do not currently offer spot cryptocurrency trading to cryptocurrency ETFs and offers access to options trading.