Goldman Sachs: Institutional investors may benefit from a physically-backed Bitcoin ETF
2024/01/11 10:59
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.
1
0
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.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$112,249.2
-1.73%
Ethereum
ETH
$3,975.78
-3.70%
Tether USDt
USDT
$1
-0.00%
XRP
XRP
$2.62
-0.94%
BNB
BNB
$1,101.4
-3.61%
Solana
SOL
$193.9
-3.23%
USDC
USDC
$0.9999
-0.01%
Dogecoin
DOGE
$0.1936
-3.63%
TRON
TRX
$0.2950
-1.44%
Cardano
ADA
$0.6433
-3.83%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now