Overly optimistic Bitcoin traders washed out as BTC futures turn neutral
The Bitcoin futures premium plunged to its lowest levels in 10 months, but traders have refused to turn bearish.
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The Bitcoin futures premium plunged to its lowest levels in 10 months, but traders have refused to turn bearish.
Institutional spot Bitcoin ETF outflows and lowered Bitcoin miner profitability could be driving the current price drop
The companies collectively purchased nearly $1.3 billion worth of Bitcoin ETF shares during the quarter.
Coinbase's latest report highlights a rise in institutional inflows into U.S. spot Bitcoin ETFs, signaling growing interest from the investment advisor sector despite recent market downturns.
Goldman Sachs revealed over $400M in spot Bitcoin ETF holdings, signaling the investment bank's growing appetite for Bitcoin exposure. Major financial firms increasingly embrace Bitcoin products.
Goldman Sachs' significant investment in Bitcoin ETFs signals growing institutional acceptance and could drive broader adoption of crypto assets.
The post Goldman Sachs holds $238 million in BlackRock’s Bitcoin ETF shares appeared first on Crypto Briefing.
According to a regulatory filing with the U.S. Securities and Exchange Commission, Goldman Sachs has amassed roughly $419 million in exposure to Bitcoin via exchange-traded funds (ETFs). The investment banking giant disclosed holding positions in seven out of the 11 U.S.-listed spot BTC ETFs on behalf of its clients. Goldman Sachs And Bitcoin ETF Exposure […]
Fear of a global economic recession continues to drive investors away from risk-on assets like Bitcoin.
The CEO of one of the worlds largest banks is not ruling out Bitcoin becoming a store of value akin to gold.
To capitalize on the growing interest in the crypto industry, banking giant Goldman Sachs is preparing to enter the tokenization sector, with three offerings expected to launch later this year. Goldman Sachs Aims To Capitalize On Tokenization Trend According to a Fortune report, Mathew McDermott, Global Head of Digital Assets at Goldman Sachs, revealed the [...]
The post Goldman Sachs Embraces Crypto With Three New Initiatives In The Pipeline appeared first on Crypto Breaking News.
The products could include an RWA marketplace and will focus on the United States and Europe.
Goldman Sachs' tokenization projects could significantly accelerate institutional adoption of digital assets, reshaping financial markets.
The post Goldman Sachs to roll out trio of tokenization projects by end of year: Report appeared first on Crypto Briefing.
Goldman Sachs is preparing to launch three tokenization projects by year-end for major institutional clients, the firm’s global head of digital assets, Mathew McDermott, told Fortune Crypto in a July 10 interview. McDermott explained that tokenization, which is the process of converting real-world assets (RWA) into digital tokens, presents a critical opportunity for the bank […]
The post Goldman Sachs eyes tokenization projects for institutional clients by year-end appeared first on CryptoSlate.
Analysts were split over whether todays AI investments would pay off in the next decade.
Anchorage Digital is the only crypto bank currently chartered by the Office of the Comptroller of the Currency (OCC). Other institutions, including Paxos and Protego, have attempted to receive a full charter from the OCC but have failed to move past the provisional charter hurdle. With the boom of institutional interest in crypto spurred by [...]
The post Former Goldman Sachs Exec Joins Anchorage Digitals Board of Directors appeared first on Crypto Breaking News.
Goldman Sachs' head of digital assets calls Bitcoin ETFs an "astonishing success", signaling a pivot after years of Bitcoin skepticism from the Wall Street giant.
eToro, the Israeli trading platform, has launched its initial public offering (IPO) at $52 per share, which is above its earlier price range. The company collected about $620 million, and its shares are now traded on the Nasdaq under the ticker “ETOR.” This is a major milestone for the IPO market, showing increased investor confidence […]
Goldman Sachs has significantly increased its Bitcoin ETF holdings, reflecting rising institutional demand amid shifting macro conditions.
Goldman Sachs, UBS, Citadel, and Citigroup are set to boost liquidity for BlackRocks Bitcoin ETF as newly authorized participants.
BlackRock has added five big Wall Street firms as partners for its spot Bitcoin ETF.
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