Goldman Sachs, JPMorgan, UBS clients buying the first ETP offering exposure to Polkadot’s DOT

HeadlinesNewsGoldman Sachs, JPMorgan, UBS clients buying the first ETP offering exposure to Polkadot’s DOT

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Goldman Sachs, JPMorgan, UBS clients buying the first ETP offering exposure to Polkadot’s DOT

CryptoSlate2 weeks ago
Published on February 19, 2021 09:00 GMT+0edited on February 19, 2021 10:00 GMT+0

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Data from the Bloomberg Terminal has revealed that some of the biggest Wall Street players have bought the world’s first exchange-traded product (ETP) for Polkadot. Goldman Sachs, JPMorgan, UBS, and ICAP have all bought different amounts of the Polkadot ETP shares, signaling the rising institutional appetite for crypto derivatives.

Major Wall Street players experimenting with a Polkadot ETP

The latest news coming out of Wall Street has shown that some of the largest industry players have shown a rising interest in the diverse product offering of the crypto market. According to data from Bloomberg Terminal obtained by CoinDesk, Goldman Sachs, JPMorgan, UBS, and ICAP have all bought the world’s first exchange-traded product (ETP) that offers exposure to Polkadot’s DOT token.

Launched at the …