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Goldman Sachs Says Clients Are Increasingly Interested in Crypto

Goldman Sachs Says Clients Are Increasingly Interested in Crypto

In a recent interview with Bloomberg, Max Minton, director of Goldman Sachs in the Asia-Pacific region, shared that the bank has experienced a resurgence of interest in digital assets among its clients.

Minton mentioned that many of their biggest clients are either already involved in the industry or actively exploring ways to enter the space.

He attributed this increased interest from traditional players to the recent approval of spot Bitcoin ETFs in the United States.

While most investors are currently focused on Bitcoin, Minton believes this may change with the launch of spot Ethereum-ETH.

He also pointed out that investors are primarily using crypto derivatives for direct trading, increasing profits and hedging.