Goldman Sachs Is Quietly Betting Billions On Bitcoin And Ethereum Amid Price Swings

Billy Bambrough,Senior Contributor Bitcoin Ethereum DAI

Goldman Sachs Is Quietly Betting Billions On Bitcoin And Ethereum Amid Price Swings

In this news:

Bitcoin and ethereum have diverged in recent months, with the bitcoin price soaring as ethereum struggles—helped by U.S. president Donald Trump’s predicted plans for bitcoin.
The bitcoin price is hovering just under $100,000 per bitcoin after coming within touching distance of $110,000 around mid January while ethereum has fallen sharply from its recent December peak as “dangerous” bubble fears emerge.
Now, as a Coinbase executive claims Satoshi Nakamoto’s identity may already be known, Wall Street giant Goldman Sachs has quietly confirmed its bought around $2 billion of bitcoin and ethereum exchange-traded funds (ETFs).
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Forbes$100 Billion Satoshi Nakamoto Bitcoin Wallet Price Warning Issued After Mystery DeepensBy Billy Bambrough

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Goldman Sachs Is Quietly Betting Billions On Bitcoin And Ethereum Amid Price Swings

Goldman Sachs Is Quietly Betting Billions On Bitcoin And Ethereum Amid Price Swings

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$14.2M _-6.58%

$12.4M _4.40%

$14.3M _0.63%

$20.2M _0.01%

$17.9M _-1.60%

$19.2M _-0.04%

$12.4M _22.81%

$15.4M _7.05%

$21.7M _0.10%

$10.7M _-0.02%

$12.9M _-6.63%

$13.2M _-3.12%