U.S. Markets open in 7 hrs 44 mins
  • S&P Futures

    4,128.75
    +5.25 (+0.13%)
     
  • Dow Futures

    33,947.00
    +13.00 (+0.04%)
     
  • Nasdaq Futures

    12,537.25
    +21.75 (+0.17%)
     
  • Russell 2000 Futures

    1,967.70
    +2.60 (+0.13%)
     
  • Crude Oil

    75.33
    +1.22 (+1.65%)
     
  • Gold

    1,888.60
    +9.10 (+0.48%)
     
  • Silver

    22.43
    +0.19 (+0.87%)
     
  • EUR/USD

    1.0743
    +0.0013 (+0.1182%)
     
  • 10-Yr Bond

    3.6340
    0.0000 (0.00%)
     
  • Vix

    19.43
    +1.10 (+6.00%)
     
  • GBP/USD

    1.2051
    +0.0027 (+0.2217%)
     
  • USD/JPY

    132.1750
    -0.4320 (-0.3258%)
     
  • BTC-USD

    22,940.53
    +150.21 (+0.66%)
     
  • CMC Crypto 200

    526.62
    +1.49 (+0.28%)
     
  • FTSE 100

    7,836.71
    -65.09 (-0.82%)
     
  • Nikkei 225

    27,685.47
    -8.18 (-0.03%)
     

Goldman Sachs Settling Crypto ETPs In Europe: Coindesk

  • According to Coindesk, Goldman Sachs Group Inc’s (NYSE: GS) brokerage division is settling cryptocurrency exchange-traded products (ETPs) for its European hedge fund clients.

  • The bank is currently offering the service to a limited number of clients and aims to roll them out to a broader customer base soon.

  • In March, the bank restarted its cryptocurrency desk amid growing interest in Bitcoin (CRYPTO: BTC).

  • Bank of America Corp (NYSE: BAC) has also been offering cryptocurrency ETPs for hedge funds.

  • Bank of America has approved the trading of Bitcoin futures and is clearing cash-settled contracts.

  • Other banks like Morgan Stanley (NYSE: MS) and JPMorgan Chase & Co (NYSE: JPM) have also started giving clients access to crypto funds.

  • In the month of June, ETC Group launched the first bitcoin ETP in the U.K. on the Aquis Exchange in London.

See more from Benzinga

© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.