Goldman Sachs Underscores Bitcoin ETF’s Astonishing Success

Goldman Sachs Underscores Bitcoin ETF’s Astonishing Success

The post Goldman Sachs Underscores Bitcoin ETF’s Astonishing Success appeared first on Coinpedia Fintech News

Goldman Sachs has called the Spot Bitcoin ETF approval ‘a big psychological turning point’ and proved to be an astonishing success. The US SEC approval surprised many, which represented a tremendous shift in the overall perception of digital assets, which garnered massive institutional investment interest. The asset rallied more than 60% since the approval took place, and just three months after the issuance, BTC reached an ATH of $73K. Goldman Sachs’s global crypto head also noted it to be a natural progression that Ethereum will hopefully be approved to be a fully tradable ETF.