Goldman Sachs Seeks Position in BlackRock and Grayscale Bitcoin ETF

Goldman Sachs Wants Key Role in BlackRock and Grayscale’s Spot Bitcoin ETT

Goldman Sachs, one of the largest investment banks in the United States, is reportedly seeking a significant role in both BlackRock and Grayscale’s Spot Bitcoin Exchange Traded Trust (ETT). According to a report from Coindesk, the bank is aiming to become the “authorized participant” (AP) for these investment products if they receive approval from the US Securities and Exchange Commission (SEC). This move by Goldman Sachs further highlights the increasing interest from traditional finance firms in entering the cryptocurrency market.