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CryptoIntelligence 2024-03-30 21:58:24

Goldman Sachs Sees Surge in Crypto Interest Following Spot Bitcoin ETF Approvals

Goldman Sachs Sees Surge in Crypto Interest Following Spot Bitcoin ETF Approvals

Goldman Sachs has seen a significant resurgence in client interest in cryptocurrencies this year, largely fueled by the U.S. approval of spot Bitcoin exchange-traded funds (ETFs). According to Max Minton, the head of digital assets for Goldman Asia Pacific, a notable shift has occurred among the firm’s clientele, ranging from renewed activity to explorations into the crypto space. This shift was detailed in a Bloomberg report dated March 24, highlighting the influence of the recent approval of ten Bitcoin ETFs in January on the traditional market’s embrace of cryptocurrencies. Minton attributes this revived enthusiasm directly to the ETF approvals, stating,

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