Ether Could Overtake Bitcoin as Store of Value, Goldman Sachs Says
While bullish on ether, Goldman denied cryptos' superiority to gold when it came to taking the top spot among safe-haven assets.
The filing joins more than a dozen crypto ETF applications sitting before the SEC.
The U.S. bank’s prime brokerage division is offering services in crypto-linked ETPs to some of its European hedge fund clients.
Goldman Sachs filed for a "DeFi" ETF that would track stocks mostly associated with enterprise blockchain.
A Goldman Sachs survey of family offices found that 15% already invest in cryptocurrencies and another 45% are interested.
The investment bank said in a client note that crypto price volatility could pay off for the exchange.