Goldman Sachs’ OTC Bitcoin options trade ‘doesn’t mean much,’ but can pave way for more institutional involvement
https://techcrunch.com/2022/03/31/goldman-sachs-otc-bitcoin-options-trade-doesnt-mean-much-but-can-pave-way-for-more-institutional-involvement/
Goldman Sachs is no stranger to testing the waters with crypto, with institutional clients looking for more exposure in the space.
Last week, Goldman was the first major U.S. bank to execute an over-the-counter crypto options trade with Galaxy Digital, which some market players say is foreshadowing more institutional adoption of digital assets.