Goldman Sachs Plans Suite of Bitcoin Products for Q2

2021-3-31 15:32

Mary Rich, Goldman Sachs’ head of digital assets of private wealth management division, told CNBC this morning that the bank plans to launch a “full-spectrum” of investments in Bitcoin and other digital assets.

Goldman Follows Morgan Stanley into Bitcoin

Goldman Sachs, which commands over $1.8 trillion in assets, plans to offer BTC investment via “physical bitcoin, derivatives or traditional investment vehicles,” according to Rich.

The move from Goldman comes days within Morgan Stanley’s announcement of Bitcoin-related investment products for wealthy customers. Goldman is also targeting “private wealth clients” like high net-worth individuals, family offices, endowments funds in the near term, with at least $25 million to invest.

Rich said that the current macro-environment, along with the prospects of blockchain being the “dawn of a new Internet,” has motivated many of Goldman Sachs’ clients to look for Bitcoin investments. 

She added that there is a “contingent of clients who are looking to this asset as a hedge against inflation.”

The bank plans to begin its BTC offerings before June this year. 

Recently, Goldman has also launched an indirect Bitcoin investment vehicle via the Ark Innovation ETF.

origin »

Bitcoin price in Telegram @btc_price_every_hour

Proof Suite Token (PRFT) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 PRFT

products bitcoin sachs plans suite goldman

Источник: cryptobriefing.com

products bitcoin → Результатов: 126


When it comes to crypto products, Solana, Litecoin outshine Bitcoin, with better returns

Bitcoin has been toughing it out this month and the question now shifts to how its investment products are performing. Looking at the stats, it has become apparent, that where the king coin is lackingThe post When it comes to crypto products, Solana, Litecoin outshine Bitcoin, with better returns appeared first on AMBCrypto.

2021-11-27 22:00


ICE-Backed Bakkt Exchange Rolls Out Cash-Settled Bitcoin Futures And BTC Options Products

On Monday, December 9, 2019, COO of Bakkt, Adam White announced the live action of two new bitcoin contracts: a Bakkt Bitcoin (USD) cash settled futures and monthly options. As per the blogpost, Bakkt has a benchmark contract that allows them to create products that satisfy customer needs and the aforementioned two products are meant […]

2019-12-9 18:57


Фото:

Earning Bitcoin While You Buy Goods is the ‘New Shopping Experience’

There are many ways to make money through Bitcoin. Now, a modality posed to gain momentum is to incentivize customers through loyalty programs that give bitcoins for their purchases online. Loyalty Programs to Drive Mainstream Adoption Merchants design marketing strategies such as loyalty programs to encourage customers to continue purchasing their products and services.

2019-8-8 18:00


Fusion blockchain partners with Inwedo to support native app development

CryptoNinjas - Bitcoin, Cryptocurrency & Blockchain Asset SourceFusion Foundation, the non-profit organization building the next-generation infrastructure for decentralized global finance, today announced it is partnering with information technology solutions provider Inwedo, to support the extensive number of projects seeking to develop applications on Fusion’s blockchain.

2019-8-7 04:19


Bitmain posts $625 million loss, hopes for a turnaround through sale of its 7nm miners

Bitmain, the world’s largest Bitcoin mining hardware producers, witnessed a significant turn of events from their 2017 hay days. In the following year which was dominated by the bear markets, like many other crypto-centered service providers even Bitmain saw a plunge in demand for its products, which subsequently took a heavy toll on its cash […] The post Bitmain posts $625 million loss, hopes for a turnaround through sale of its 7nm miners appeared first on AMBCrypto.

2019-8-3 14:30


Bitcoin & Beauty Products Powered This Hedge Fund’s Insane 46% Surge

Bill Miller, a former Legg Mason executive and a respected hedge fund manager, has recorded a 46 percent return year-to-date in 2019, with bitcoin and beauty product company Avon as key picks. Miller Value Partners Investors Score 46% Return in 2019 Despite the decline in the price of bitcoin from $14,000 to $9,700 in the […] The post Bitcoin & Beauty Products Powered This Hedge Fund’s Insane 46% Surge appeared first on CCN Markets

2019-7-27 00:11


Shares of Grayscale’s Bitcoin Investment Trust cause investors to “drop gold,” and everything else

After its introduction in 2013, Grayscale Bitcoin Trust (GBTC) managed to become one of the largest Bitcoin investment products in the world. So far, GBTC has outperformed most traditional assets year to date, in line with BTC’s rising prices, and became one of the most actively traded securities on the OTC Markets Group.

2019-7-25 00:22


CFTC’s investigation may be contributing to BitMEX’s outflows dwarfing exchange’s inflows

The cryptocurrency community went haywire after Bloomberg, citing an anonymous source, reported that Arthur Hayes’ BitMEX exchange is under investigation by the CFTC for breaking trading regulations BitMEX was allegedly accused of offering Bitcoin derivatives and future products, without having necessary permission for the same, as well as allowing trading for US-Based clientele.

2019-7-20 19:00


Фото:

Binance CEO: Retail Investors, Not Institutions, Are Leading the Bull Market

Contrary to popular belief, retail investors are still playing a major role in directing Bitcoin’s price action, says Binance CEO in a recent interview with Bloomberg. Who’s Really in Charge? As Bitcoin briefly touched $20,000 in early 2018, market analysts forecasted that the impending arrival of Bitcoin futures products, a Bitcoin exchange-traded fund (ETF), and the infusion of institutional funding would drive Bitcoin towards $30,000 and possibly $50,000.

2019-7-14 00:16


trueDigital to acquire CFTC registrations from trueEX to launch crypto derivatives exchange

CryptoNinjas - Bitcoin, Cryptocurrency & Blockchain Asset SourcetrueDigital, a provider of financial technologies and products for traditional and digital asset markets, today announce dit has reached an agreement in principle to acquire, subject to CFTC approval, the Designated Contract Market (DCM) and Swaps Execution Facility (SEF) registrations held by trueEX.

2019-7-13 20:40


Bitcoin’s meteoric rise, Facebook’s Libra will have China accelerate its digital currency project

It all started with the US launching an investigation of China’s trading policies in 2017, leading to the imposition of tit-for-tat tariffs on products by both the countries. As tensions between the two countries intensified, what many observed was an opportune moment for cryptocurrencies to replace the legacy institution.

2019-7-11 02:30


Nordic Growth Market (NGM) Lists Mini Futures Cryptocurrency Contracts Backed by Vontobel

On Thursday, 4th of July 2019, Nordic Growth Market (NGM), a Swedish stock exchange, announced that it has listed Ether-based as well as Bitcoin mini futures. Vontobel, an investment bank, which recently launched tracker certificates on Litecoin, Ether, Bitcoin and Ripple will be backing the derivative products. Per the listing, Tommy Fransson, the deputy chief […]

2019-7-5 21:26


Фото:

Ripple’s Incubation Arm Invests $500 Million in XRP-Based Projects

Xpring, the incubation and investment arm of Ripple, the distributed ledger technology (DLT) project in charge of the XRP altcoin, has hinted that it has invested $500 million in over 20 startups. Each of the small businesses is using Ripple’s platforms and products to grow the decentralized ecosystem, reports Finance Magnates’ report on July 4,Read MoreRead More.

2019-7-5 21:00


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Goldman Sachs ceo backs strict us crypto rulebook

Solomon urges strict US crypto rules as CLARITY Act momentum builds. Goldman Sachs CEO David Solomon called for the United States to establish a clearly defined, rules-based framework governing crypto market operations during remarks at the World Liberty Forum in…

Goldman Sachs, BoA, Citigroup to explore stablecoin launch

A group of top global banks, including Goldman Sachs, Deutsche Bank, Bank of America, Citigroup, Santander, and more, will explore stablecoins. Major international banks, including Goldman Sachs, Deutsche Bank, Bank of America, and Banco Santander, are joining forces to enter…