{"id":243849,"date":"2021-05-06T22:52:54","date_gmt":"2021-05-06T19:52:54","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/reports-suggest-goldman-sachs-is-now-offering-bitcoin-derivatives\/"},"modified":"2021-05-06T22:52:54","modified_gmt":"2021-05-06T19:52:54","slug":"reports-suggest-goldman-sachs-is-now-offering-bitcoin-derivatives","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/reports-suggest-goldman-sachs-is-now-offering-bitcoin-derivatives\/","title":{"rendered":"# Reports suggest Goldman Sachs is now offering Bitcoin derivatives"},"content":{"rendered":"<p>&#8220;<strong># Reports suggest Goldman Sachs is now offering Bitcoin derivatives <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDUvMTU2MDY2ZmItOTcyNS00ZTJjLTkyN2QtYTAwNThiYmMwM2MzLmpwZWc=.jpeg\" \/><\/p>\n<div class=\"post-content\" data-v-5a136f3a>Investment banking giant Goldman Sachs has reportedly opened up futures trading on Bitcoin to Wall Street executives.<\/p>\n<p>According to Bloomberg Law, last month the investment firm began offering trading with non-deliverable forwards, a derivative tied to the price of Bitcoin (BTC) \u2014 roughly $56,000 at the time of publication \u2014 for which investors can get paid in fiat. Goldman Sachs reportedly lessens its risk to the crypto asset\u2019s infamous volatility by buying and selling Bitcoin futures in block trades on the Chicago Mercantile Exchange, or CME, Group using the crypto trading unit of DRW Holdings, Cumberland. <\/p>\n<p>Goldman has been seemingly increasing its exposure to the crypto market following price surges in tokens and institutional players like Tesla adopting cryptocurrencies. Rumors have persisted that the investment firm plans to set up a cryptocurrency trading desk after first announcing one during the 2017 bull run. <\/p>\n<p><em>This story is developing and will be updated.<\/em><\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/goldman-sachs-is-now-offering-bitcoin-derivatives\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Reports suggest Goldman Sachs is now offering Bitcoin derivatives &#8221; Investment banking giant Goldman Sachs has reportedly opened up futures trading on Bitcoin to Wall Street executives. According to Bloomberg Law, last month the investment firm began offering trading with non-deliverable forwards, a derivative tied to the price of Bitcoin (BTC) \u2014 roughly $56,000&#8230;<\/p>\n","protected":false},"author":1,"featured_media":243850,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDUvMTU2MDY2ZmItOTcyNS00ZTJjLTkyN2QtYTAwNThiYmMwM2MzLmpwZWc=.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[90959,75012,117,70790,73711],"class_list":["post-243849","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin-news","tag-derivatives","tag-business","tag-goldman-sachs","tag-investments"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/243849","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=243849"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/243849\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/243850"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=243849"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=243849"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=243849"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}