Bloomberg Reports Rise in Crypto Options among Goldman Sachs Hedge Fund Customers

Quick Summary:

Hedge Fund clients of American banking giant Goldman Sachs are renewing their interests in crypto Options, a trend that is notably matching up with the embrace of the product from retail traders.

This price reboot is an attractive force for institutional investors who now have a more regulated avenue to invest in Bitcoin through ETFs.

The digital currency ecosystem has seen a major embrace as the spot Bitcoin ETF product ushered in a supply crunch that has pushed BTC price back to a new All-Time High (ATH) above $73,000.

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Article Details

Author / Journalist: Godfrey Benjamin

Category: Crypto

Markets: India

Topics: 24/7 Cryptocurrency News Goldman Sachs

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-03-25 @ 03:17:32 (1 months ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 389 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 20506490

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 60 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 6 minutes ago

Coverage Areas: India

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