Goldman Sachs Clients Not Interested in Crypto, Says Chief Investment Officer: WSJ

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Helene is a New York-based reporter covering Wall Street, the rise of the spot bitcoin ETFs and crypto exchanges. She is also the co-host of CoinDesk's Markets Daily show. Helene is a graduate of New York University's business and economic reporting program and has appeared on CBS News, YahooFinance and Nasdaq TradeTalks. She holds BTC and ETH.

The chief investment officer of the banks Wealth Management unit, Sharmin Mossavar-Rahmani, says clients have not voiced interest in exposure to the asset class, even after the latest surge in prices.NFL Quarterback, Two YouTube Influencers Settle FTX Case; Sen. Warren's Crypto Bill Gets New Support

Sharmin Mossavar-Rahmani, chief investment officer of the bank's Wealth Management unit, has long been known for her skepticism of bitcoin and other digital assets, and her opinion hasn’t changed, according to a recent interview. One of the reasons she sees no value in the asset is because it’s not possible to really evaluate its worth. “If you cannot assign a value, then how can you be bullish or bearish?” she said.

 

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