GOLDMAN SACHS EYEING BITCOIN ETF ROLE VIA BLACKROCK AND GRAYSCALE

Summary from the TLDR Crypto newsletter

Goldman Sachs is reportedly in discussions about becoming an authorized participant for the proposed spot bitcoin ETFs that BlackRock and Grayscale plan to launch in the US pending regulatory approval. This role, typically held by financial giants, is key in the multi-trillion-dollar ETF industry as it involves ensuring ETF shares align with underlying assets.