US banking giant Goldman Sachs’ clients have started showing interest in cryptocurrency investments again.
Max Minton, Head of Asia Pacific Digital Assets at Goldman Sachs, stated in an interview with Bloomberg that clients have renewed interest in cryptocurrencies. The senior executive attributed this increased interest to the approval of spot Bitcoin exchange-traded funds (ETFs).
“Many of our largest clients are either active in this area or exploring being active,”
Continuing his statement, Max Minton noted that the interest of their clients is largely focused on Bitcoin, and signaled that the approval of spot Ethereum ETFs could change things.
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.
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