Goldman Sachs has called the Spot Bitcoin ETF approval ‘a big psychological turning point’ and proved to be an astonishing success. The US SEC approval surprised many, which represented a tremendous shift in the overall perception of digital assets, which garnered massive institutional investment interest. The asset rallied more than 60% since the approval took place, and just three months after the issuance, BTC reached an ATH of $73K. Goldman Sachs’s global crypto head also noted it to be a natural progression that Ethereum will hopefully be approved to be a fully tradable ETF. 

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