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Goldman Sachs begins trading derivative product tied to ETH

From theblockcrypto.com

Goldman Sachs has expanded its client-facing crypto offering with a derivatives product linked to ether (ETH), according to a statement from London-based Marex Financial. The investment bank restarted its crypto operations in 2021 as a flood of institutional money entered the market, the core of its offerings has centered around derivatives tied to cryptocurrencies like bitcoin. Now, amid a tumultuous backdrop, Goldman has commenced a derivatives product linked to the price of ether — the possibility of an ETH-linked derivative product was first mooted by the bank in June 2021. According to a statement made on ... (full story)

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  • Category: Fundamental Analysis