"2024 Forecast: Major Financial Titans Predict Surge in Crypto Adoption and ETF Expansion"
TL;DR
Goldman Sachs has entered the race for a bitcoin spot ETF, joining other financial giants in anticipation of the U.S. SEC's decision, which could come in early 2024. This move, part of the so-called "Cointucky Derby," is expected to significantly boost liquidity in the crypto market by attracting institutional investors. The potential approval of a bitcoin ETF is seen as a catalyst for a new price surge in bitcoin and other major cryptocurrencies like ethereum, XRP, and solana, especially with the upcoming bitcoin halving event.
Topics:businessfinance-and-cryptocurrency##bitcoinetf#bitcoinhalving#cryptocurrency#finance-and-cryptocurrency#goldmansachs#sec
- ‘It’s Going To Be Wild’—Goldman Sachs Suddenly Joins The Bitcoin ETF ‘Cointucky Derby’ With Huge 2024 Ethereum, XRP, Solana And Crypto Price Prediction Forbes
- JPMorgan CEO's Bitcoin Bashing Is a 'Do as I Say, Not as I Do' Situation CoinDesk
- Bitstamp USA Chief Bobby Zagotta Says Crypto Likely To See Increased Institutional Adoption and Onboarding in 2024 The Daily Hodl
- BlackRock, VanEck among asset managers that submitted updated filings for spot bitcoin ETF Reuters
- Crypto, SEC Action Could Command ETFs in 2024 After Record-Breaking 2023 Investopedia
Want the full story? Read the original reporting
Read on Forbes