Wu Blockchain (@WuBlockchain): According to Bloomberg analyst Eric Balchunas, Goldman Sachs, the world's leading investment bank, has filed an application for a Bitcoin Premium Inco…
Estimated coin impact
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- BTC+75Positive
According to Bloomberg analyst Eric Balchunas, Goldman Sachs, the world's leading investment bank, has filed an application for a Bitcoin Premium Income ETF. Eric Balchunas said that Goldman Sachs may have seen an opportunity to surpass BlackRock, or it may have heard feedback from clients who wanted Bitcoin but with lower volatility and were willing to forgo some upside potential in exchange for lower downside risk and returns. It was previously thought that JPMorgan Chase and Goldman Sachs would choose not to get involved in the cryptocurrency field. https://x.com/EricBalchunas/status/2044071354039779593