Goldman Sachs Co-Signs Bitcoin & Ethereum For High-Net Worth Clients

Wall Street titan $Goldman Sachs (GS.US)$ seems to be all in now when it comes to $Bitcoin (BTC.CC)$ and $Ethereum (ETH.CC)$ with plans to offer its high-net worth clients access to the digital coins through a third-party issuance from Galaxy Digital. Will Goldman Sachs' endorsement of Bitcoin and Ethereum, increase confidence in other major financial institutions to start offering their wealthy clients a similar path into the world of crypto?
Goldman’s Bitcoin Bet: Remember Goldmans Sachs claims that Bitcoin currently has a 20% share of the "store of value" market, according to Goldman Sachs analyst Zach Pandl. This means the asset, Bitcoin, can maintain its worth over time without depreciating, in comparison to precious metals or some currencies. He wrote that within a few years if its share of the store of value market were to “hypothetically” reach 50% the cryptocurrency could reach this six-figure milestone.