The bank's clients are likely involved in the basis trade, rather than making a directional bet, said an analyst.

The type of buyer has evolved from retail to hedge funds and now to banks and sovereigns, said Kendrick, noting a boosted ETF ...

Now, as a Coinbase executive claims Satoshi Nakamoto’s identity may already be known, Wall Street giant Goldman Sachs has ...

The company is joining a growing number of cryptocurrency firms for IPO ambitions amid growing institutional adoption and a ...

U.S. spot-listed bitcoin (BTC) exchange-traded funds (ETFs) have seen three consecutive days of outflows totaling $494 ...

"This position by Goldman Sachs, similar to many other banks and hedge funds, is not a net long position," said CoinDesk Senior Analyst James Van Straten. "This is a strategy that reflects the ...