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TechFlow news: Global investment bank Goldman Sachs advised investors not to expect an immediate surge in bitcoin prices following the U.S. Securities and Exchange Commission's (SEC) approval of spot bitcoin exchange-traded funds (ETFs). However, Goldman emphasized that "the ability to actually trade a product people are familiar with and that offers scale" is "very positive."
Global investment bank Goldman Sachs has advised investors not to expect an immediate spike in bitcoin prices following the U.S. Securities and Exchange Commission's (SEC) approval of spot bitcoin exchange-traded funds (ETFs). However, Goldman emphasized that the ability to actually trade a familiar product that offers scale is highly positive.
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