{"id":45529,"date":"2021-05-07T23:00:00","date_gmt":"2021-05-07T19:00:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=45529"},"modified":"2021-05-07T20:33:09","modified_gmt":"2021-05-07T16:33:09","slug":"goldman-sachs-is-trading-bitcoin-derivatives","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/goldman-sachs-is-trading-bitcoin-derivatives\/05\/07\/market-updates\/","title":{"rendered":"Goldman Sachs is Trading Bitcoin Derivatives"},"content":{"rendered":"\n<p>Goldman Sachs is reportedly creating a new cryptocurrency trading desk, according to an internal memo first cited by CNBC.<\/p>\n\n\n\n<p>The desk has successfully traded two Bitcoin-linked derivatives, as per the cited memo, which was distributed on Thursday to the bank\u2019s markets staff.<\/p>\n\n\n\n<p>The idea has been considered since 2017, when Bitcoin began surging to unprecedented levels.<\/p>\n\n\n\n<p>Last month, Reuters reported that Goldman Sachs Group has resumed the activity of its cryptocurrency trading desk as part of the Global Markets division.<\/p>\n\n\n\n<p>The bank is reportedly exploring the potential for a bitcoin exchange traded fund (ETF).<\/p>\n\n\n\n<p>The cryptocurrency desk was originally founded in 2018 and its return came amid increased institutional demand for digital assets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Goldman Sachs is reportedly creating a new cryptocurrency trading desk, according to an internal memo first cited by CNBC. The desk has successfully traded two Bitcoin-linked derivatives, as per the cited memo, which was distributed on Thursday to the bank\u2019s markets staff. The idea has been considered since 2017, when Bitcoin began surging to unprecedented &hellip;<\/p>\n","protected":false},"author":10,"featured_media":35469,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[40,36],"tags":[6904,7238],"class_list":["post-45529","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-cryptocurrencies","category-market-updates","tag-bitcoin","tag-goldman-sachs"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/45529","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=45529"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/45529\/revisions"}],"predecessor-version":[{"id":45530,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/45529\/revisions\/45530"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/35469"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=45529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=45529"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=45529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}