SEC filing

The crypto market is maturing, we have heard that a lot lately, but what does that exactly mean? Well, the revealing of Goldman Sachs’s SEC filing for the last quarter of 2024 gives a great example of that maturity.

It showed that in the last quarter of 2024 Goldman Sachs increased its positions in Bitcoin and Ethereum ETF’s substantially.
1.5 trillion of its assets under management is invested in Bitcoin ETF’s. The rest is invested in Ethereum ETF’s.

Institutional investors

This form of institutional investments is growing exponentially every quarter and puts crypto currencies in another ballpark, together with stocks, bonds, gold, silver, etc…

By this the price of Bitcoin and Ethereum and probably other cryptocurrencies can only increase, and hard!

The future is bright and very interesting!

Sincerely,

Pele23

Posted Using INLEO