Media: Goldman Sachs opens limited access to crypto-based ETPs

The investment bank Goldman Sachs has provided some European hedge funds access to cryptocurrency-based exchange-traded products (ETPs). CoinDesk reports, citing informed sources.

According to the sources, Goldman Sachs continues to study the matter and plans to roll out the service to a larger number of clients.

Earlier, 21Shares announced the launch of a Solana-based cryptocurrency ETP on the Swiss SIX Swiss Exchange. Prior to that, the provider added its Bitcoin-based, exchange-traded product to the listing on Britain’s alternative trading system, Aquis.

In June, the digital asset manager CoinShares announced the listing on Deutsche Börse’s Xetra trading platform of an ETP based on Bitcoin, Ethereum and Litecoin.

In 2019, on the Nordic Growth Market, Börse Stuttgart Group’s Swedish arm platform, trading of exchange-traded products based on Ripple and Litecoin began.

Earlier this spring, Goldman Sachs offered non-deliverable forwards on the primary cryptocurrency.

According to the bank’s latest poll, 60% of family offices are interested in digital assets.

Follow ForkLog news on Twitter!