bitcoin

Goldman Sachs Files For An ETF Capable Of Investing In Bitcoin



Goldman Sachs has filed details with the U.S. Securities Exchange And Commission (SEC) regarding an exchange-traded fund (ETF) capable of investing in bitcoin.

“The ETF is an actively-managed exchange-traded fund that will invest under normal circumstances primarily (at least 65% of its assets) in domestic and foreign equity securities of companies that are relevant to the ETF’s investment theme of disruptive innovation,” according to the filing.

The disruptive innovation line hints at what may be a potential investment in technology like Bitcoin as the filing continues: “The ETF may have exposure to cryptocurrency, such as bitcoin, indirectly through an investment in a grantor trust. The ETF’s exposure to cryptocurrency may change over time and, accordingly, such exposure may not always be represented in the ETF’s portfolio.”



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