In April, Goldman Sachs said their clients had ’little interest in #Bitcoin ETFs.’ This week they bought $418M worth! The world of finance can be full of surprises, can’t it? Just a few months ago, Goldman Sachs claimed there was little interest in Bitcoin ETFs. Fast forward, and now they’re making a massive $418 million investment! This only goes to show that when demand speaks, even the biggest institutions listen. But what about Monero? Could we ever see a Monero ETF? Honestly, I’m indifferent. Why? Because ETFs take custody of the coin away from the people, stripping away the very essence of what makes Monero—and crypto in general—so powerful: personal control and privacy. However, never say never. We all remember when Bitcoin was demonized by regulators, dismissed as a tool for criminals, and now look where we are. If Monero continues to rise in value, much like Bitcoin did when it was around $150 (approximately 2016), the demand might just drive a similar shift. After all... Source: Monero (XMR) Revolution
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