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Goldman Sachs applies for Bitcoin ETF, the last bastion of Wall Street falls.
Wall Street has no faith, only ledgers. When the numbers on the ledger are large enough, any faith will change.
The recovery of Bitcoin has supported valuation repair, and cryptocurrency exchange Kraken has seized the opportunity to restart its U.S. IPO process.
Arjun Sethi, co-chief executive officer of Kraken, confirmed again on Tuesday that the cryptocurrency exchange had secretly filed for an initial public offering (IPO) in the United States.
Goldman Sachs (GS.US) has filed for its first Bitcoin premium income ETF, marking a new phase in transitioning from being a major Bitcoin holder to adopting an actively managed cryptocurrency strategy.
Goldman Sachs formally submitted a registration application on April 14 for the 'Goldman Sachs Bitcoin Premium Income ETF.'
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