Share this article
Goldman Sachs Plans to Offer Ether Options: Report
In March, the investment bank relaunched its cryptocurrency trading desk after a three-year hiatus.
Updated Feb 10, 2023, 2:48 p.m. Published Jun 14, 2021, 4:59 p.m.
Goldman Sachs plans to offer investors options and futures trading in ether, according to a report on Monday.
- The investment bank plans to offer trading in ether the months ahead, Mathew McDermott, head of digital assets at Goldman Sachs, told Bloomberg.
- In May, CoinDesk reported that Goldman Sachs had started to offer investors access to non-deliverable forwards (NDFs), a derivative tied to bitcoin’s price that pays out in cash.
- McDermott said that clients see the recent rout as a good entry point and that the bank also plans to facilitate trades with exchange-traded notes that track ether.
- In March, Goldman Sachs relaunched its cryptocurrency trading desk after a three-year hiatus, with plans to once again support trading in bitcoin futures.
Read more: Goldman Sachs Offering Bitcoin Derivatives to Investors
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Bitcoin’s Deep Correction Sets Stage for December Rebound, Says K33 Research
K33 Research says market fear is outweighing fundamentals as bitcoin nears key levels. December could offer an entry point for bold investors.
What to know:
- K33 Research says bitcoin’s steep correction shows signs of bottoming, with December potentially marking a turning point.
- The firm has argued that the market is overreacting to long-term risks while ignoring near-term signals of strength, like low leverage and solid support levels.
- With likely policy shifts ahead and cautious positioning in futures, K33 sees more upside potential than risk of another major collapse.
Top Stories
