Goldman Sachs to Offer Ethereum (ETH) Options

Charlie Taylor

Coingoback" srcset=" 700w, uploads/2022/06/Banner-Coingoback-700x150-1-300x64.jpg 300w, 150w, 585w" data-sizes="(max-width: 700px) 100vw, 700px " width="700" height="150" style="display: inline-block;"/>After a 3-year hiatus, the investment banking giant relaunched its cryptocurrency trading desk in March. Now, Goldman Sachs plans to offer investors ether (ETH) options and futures, according to a report released on Monday (14). The investment bank plans to offer ether trading in the coming months, said Mathew McDermott, head of digital assets at Goldman Sachs to Bloomberg. In May, CoinDesk reported that Goldman Sachs began offering i Investors have access to non-deliverable forwards (NDFs), a price-linked bitcoin derivative that pays in cash. McDermott said customers see the recent ETH drop as a good entry point and the bank also plans to ease trades with exchange traded notes that track the price of ether.

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It's worth noting that despite a history of criticism, the Goldman Sachs research team made positive comments about cryptocurrencies in a recent report and claimed that Bitcoin is part of a new asset class. See too:

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