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Goldman Sachs files for Bitcoin ETF
The Block·
Goldman Sachs has submitted a filing for a new Bitcoin ETF, aiming to provide investors with exposure to Bitcoin through exchange-traded products. This fund will invest in other Bitcoin ETPs, options on spot Bitcoin ETPs, and indices related to Bitcoin ETPs. This move signifies a deepening engagement by the financial institution in the cryptocurrency market, offering a novel approach to Bitcoin investment that focuses on indirect exposure and derivative strategies.
Tags
fintech
crypto
etf
Original Source
The Block — theblock.co