Goldman Sachs Will Offer Ethereum Futures And Options Trading.
Investment banking giant Goldman Sachs, gears towards offering Ether derivatives products in the upcoming months.
This is a major uptick for Ethereum as it gains more Institutional adoption.
Mathew McDermott, Goldman’s managing director of digital assets acknowledged this on Monday when he said that Institutional adoption will continue as ETH receives more interest.
He confirmed the investment bank’s move into Ethereum options and futures.
@CryptoTrades #dailynews #eth #ethereum #goldmansachs #options #futures #derivatives
Investment banking giant Goldman Sachs, gears towards offering Ether derivatives products in the upcoming months.
This is a major uptick for Ethereum as it gains more Institutional adoption.
Mathew McDermott, Goldman’s managing director of digital assets acknowledged this on Monday when he said that Institutional adoption will continue as ETH receives more interest.
He confirmed the investment bank’s move into Ethereum options and futures.
@CryptoTrades #dailynews #eth #ethereum #goldmansachs #options #futures #derivatives
JPMorgan Believes Ethereum 2.0 Could Kickstart $40B Staking Industry.
Two JPMorgan analysts believes Ethereum’s planned move to Proof-of-Stake will increase adoption as institutions and retail investors take advantage of the high yields generated by staking.
Staking across all cryptocurrencies generates an estimated $9 billion annually.
The report predicts that this figure could increase to $20 billion following Ethereum’s move to Proof-of-Stake.
A final prediction in the report puts total staking rewards at $40 billion by 2025.
@CryptoTrades #dailynews #eth #ethereum #jpmorgan #staking #pos #proofofstake
Two JPMorgan analysts believes Ethereum’s planned move to Proof-of-Stake will increase adoption as institutions and retail investors take advantage of the high yields generated by staking.
Staking across all cryptocurrencies generates an estimated $9 billion annually.
The report predicts that this figure could increase to $20 billion following Ethereum’s move to Proof-of-Stake.
A final prediction in the report puts total staking rewards at $40 billion by 2025.
@CryptoTrades #dailynews #eth #ethereum #jpmorgan #staking #pos #proofofstake