Big banks like JPMorgan and Goldman Sachs are buying more Bitcoin and Ethereum! Think of it like buying shares of a company, but instead of a company, it's cryptocurrency. These banks are investing in special funds called ETFs that let you invest in Bitcoin and Ethereum without directly owning them. This shows more and more people trust crypto.
- JPMorgan bought more Bitcoin and Ethereum ETFs.
- Goldman Sachs also bought a huge amount of Bitcoin ETFs.
- Some people are selling crypto because they're worried about interest rates.
| Crypto | Amount Invested (USD) |
|---|---|
| JPMorgan's Bitcoin ETFs | $984,000 |
| JPMorgan's Ethereum ETFs | $32,300 |
| Goldman Sachs' Bitcoin ETFs | $1.27 Billion |
| Weekly Crypto Sell-off | $415 Million |
