Goldman Sachs digital assets chief sees 'huge appetite' for blockchain assets


FILE PHOTO People walk in the Goldman Sachs global headquarters in Manhattan New York U.S. November 15 2021. REUTERSAndrew KellyFile Photo

FILE PHOTO: People walk in the Goldman Sachs global headquarters in Manhattan, New York, U.S., November 15, 2021. REUTERS/Andrew Kelly/File Photo

LONDON (Reuters) - Goldman Sachs expects a "significant uptick" in trading volumes of blockchain-based assets within the next one or two years, the bank's global head of digital assets told Reuters.

The Wall Street heavyweight has also seen increasing client interest in crypto derivatives trading, Mathew McDermott said, as markets expect the U.S. securities regulator to soon approve an application for a spot bitcoin ETF (exchange-traded fund).

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