Goldman Sachs Expanding Into Crypto.
π£ @GoldmanSachs Applied for #DeFi and Blockchain Equity #ETF
π #GoldmanSachs plans to develop an exchange-traded fund connected to the performance of companies working on blockchain and the digitization of finance.
π Company has applied to an exchange-traded fund (ETF) with the #USSecurities and Exchange Commission (#SEC) to provide exposure to the DeFi.
π The filing said Goldman Sachs would innovate DeFi and Blockchain Equity ETF to track the performance of the Solactive Decentralized Finance and Blockchain Index, a German provider of financial indices.
π The global markets Goldman plans to pick include #Australia π¦πΊ, #Canada π¨π¦, #France π«π·, #Germany π©πͺ, #HongKong ππ°, #Japan π―π΅, #South Korea π°π·, #Switzerland π¨π, the #Netherlands π³π±, the #United Kingdom π¬π§, and the #Unite States πΊπΈ.
π The filing joins over a dozen crypto ETF applications sitting before the SEC.
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