Goldman Sachs Stays Skeptical Despite Bitcoin ETF Hype

Wednesday, 3 April 2024, 17:07

Goldman Sachs, led by Chief Investment Officer Sharmin Mossavar-Rahmani, remains firm in their skepticism towards cryptocurrencies, stating that they do not view it as an investment asset class. Despite the widespread adoption of Bitcoin ETFs across Wall Street, the financial giant maintains its cautious stance on the crypto market.
https://store.livarava.com/b2e47fa7-f1e2-11ee-8952-87cc5c87fb08.jpg
Goldman Sachs Stays Skeptical Despite Bitcoin ETF Hype

Goldman Sachs Upholds Crypto Skepticism

In a recent statement, Goldman Sachs' Chief Investment Officer, Sharmin Mossavar-Rahmani, reiterated the firm's stance on cryptocurrencies. Mossavar-Rahmani highlighted that they do not consider crypto as an investment asset class, contrary to the growing enthusiasm surrounding Bitcoin ETFs on Wall Street.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe