Goldman Sachs Can No Longer Dismiss Bitcoin Here
The most striking evidence of this pivot came in April 2026, when Goldman Sachs filed for its first Bitcoin ETF , the . Unlike simple spot ETFs, this product uses an active management strategy—investing at least 80% of its assets in Bitcoin-linked instruments and selling call options to generate monthly income for clients. By packaging Bitcoin into a yield-generating "boomer candy" product, Goldman is officially monetizing digital assets at an institutional scale. 2. Reviving the Crypto Trading Desk
Goldman Sachs Can No Longer Dismiss Bitcoin Goldman Sachs, once one of Bitcoin's most vocal critics, is now leaning into the asset class as it matures. After years of framing cryptocurrency as a speculative risk with no intrinsic value, the investment bank’s recent actions signal a definitive shift from dismissal to strategic integration. 1. From "Not an Asset Class" to ETF Issuer Goldman Sachs Can No Longer Dismiss Bitcoin
After shelving its initial crypto trading plans years ago, Goldman revived its digital asset trading desk in late 2025. Under the leadership of Mathew McDermott, the firm is now: The most striking evidence of this pivot came