Goldman Sachs’ Asia Pacific division is observing a revived inclination towards crypto assets. Specifically Institutional clients.
Goldman Sachs has noticed an increasing interest in cryptocurrency among its clients this year. The approval of Bitcoin exchange-traded funds (ETFs) has been a factor in reigniting their enthusiasm for assets.
Max Minton Shared The Reports
According to Max Minton, Head of Assets for Goldman Asia Pacific, many of the firm’s clients have either started getting involved in the crypto industry or are considering entering it. The approval of ten Bitcoin ETFs in the United States in January sparked renewed interest among their clients.
While Goldman Sachs currently doesn’t provide products, its clients have been interacting with the bank through options and future offerings related to cryptocurrencies. Hedge funds have especially shown interest in this field. As of the end of 2023, Goldman Sachs reported a record-breaking $2.8 trillion in as
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