Goldman Sachs digital asset chief: Clients often only focus on Bitcoin and Ethereum

Mathew McDermott, head of global digital assets at Goldman Sachs, said that the Bitcoin ETF has obviously been a stunning success, and the approval of the Bitcoin spot ETF is a major psychological turning point. This is a natural progression, and I hope that Ethereum can be approved as a fully tradable ETF. From my point of view, our clients usually only focus on Bitcoin and Ethereum-they are two products with tradable futures on the Chicago Mercantile Exchange (CME). So you can see a positive interpretation of the Ethereum ETF. As for other products, I think we may be positive, but it’s too early to say now. (forbes)