Tags : institutional

Bitcoin

Goldman Sachs announces Ethereum futures, institutional interest grows

US multinational bank Goldman Sachs Group Inc. plans to offer trading in Ethereum (ETH) futures, the company’s global head of digital assets, Mathew McDermott, told Bloomberg. Futures are financial instruments that allow traders to bet (usually with ‘leverage’) on the price movements of underlying assets without the need to hold that asset. This helps avoid […]Read More

Bitcoin

Fidelity Files for Bitcoin ETF as Institutional Demand Dries Up

In a filing with the U.S. Securities and Exchange Commission (SEC), asset management firm Fidelity indicated their intention to create a Bitcoin exchange-traded fund (ETF). The Wise Origin Bitcoin ETF is the latest addition to the growing number of ETFs looking to launch crypto-based financial products in the United States.  If approved, the ETF will […]Read More

Bitcoin

Cryptos Rally off Equity Markets and Institutional Interest

The Crypto market rose on Monday as new macro factors and institutional interest weighed in. Cryptos Recover from Selloff Following last week’s sell-off, Bitcoin and the broader crypto market rallied alongside the US equity markets. Bitcoin (BTC) retraced back up to $49,000, with Ethereum (ETH) recovering to $1,500. The biggest crypto names all recovered to […]Read More