Goldman Sachs hedge fund clients are piling back into crypto this year

📆 3/25/2024 5:08 AM
📰 Cointelegraph

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Max Minton, Goldman Sach’s head of digital assets, says an increasing number of his firm’s hedge fund clients are making the jump back into crypto following the approval of spot Bitcoin ETFs.

Goldman Sachs’ clients have reportedly started to make the jump back into crypto this year, with appetite renewed by the approval of spot Bitcoin (

Minton added that much of the increased appetite for cryptocurrency stems from the approval of ten new Bitcoin ETFs in the United States in January, which rubber-stamped the crypto assets as being a more integral part of traditional markets.Minton explained that the bulk of the fresh demand comes primarily from Goldman’s existing clients by way of his firm’s options and futures offerings, with hedge funds being the most involved of its clients.

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