American banking giant Goldman Sachs’ clients have begun to show interest in cryptocurrency investments once again.
Max Minton, Head of Asia Pacific Digital Assets at Goldman Sachs, stated in an interview with Bloomberg that their clients’ interest in cryptocurrencies has rekindled. The senior executive attributed this increase in interest to the approval of spot Bitcoin exchange-traded funds (ETF).
Many of our largest clients are either active in this area or researching becoming active
Continuing his statement, Max Minton pointed out that the interest of their clients is largely concentrated around Bitcoin, and he signaled that the approval of spot Ethereum ETFs could change the game.
Max Minton also mentioned at last week’s Digital Assets Summit in London that Goldman Sachs plans to get involved in the liquidation processes of bankrupt cryptocurrency companies and invest in these companies.