Goldman Sachs: Institutional investors may benefit from a physically-backed Bitcoin ETF
Goldman Sachs said in a report that institutional investors may benefit from the approval of exchange-traded funds (ETFs) for spot Bitcoin (BTC) trading, as these products will allow them to engage in proxy trading with lower management fees and participate more actively in arbitrage strategies and options hedging.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The White House is reviewing the proposed crypto asset reporting framework
Investment bank TD Cowen: SEC to enter a critical regulatory period, Chairman Atkins will lead crypto rulemaking
Bloomberg ETF analyst: Grayscale may launch its first Dogecoin ETF
Data: BitMine currently holds approximately 3.56 million ETH, with an unrealized loss of $2.98 billion.
Trending news
MoreCrypto prices
More
