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Benzinga
Benzinga
Business
Adrian Zmudzinski

Goldman Sachs Offers Ethereum Derivatives To Clients; Over $50M Sold So Far

Goldman Sachs NYSE

Leading global investment bank Goldman Sachs Group Inc. (NYSE:GS) has started selling Ethereum (CRYPTO: ETH) derivatives to its clients, reaching a new level of openness to cryptocurrency innovation.

What Happened: A U.S. Securities and Exchange Commission (SEC) filing reveals that Goldman Sachs is now offering customers access to the "Galaxy Institutional Ethereum Fund" with a minimum investment of $250,000. The fund was originally issued by Galaxy Digital, a crypto investment firm, last March.

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