Goldman Sachs: Bitcoin's recent rally driven by retail investors, more institutions are getting involved

Goldman Sachs' digital asset manager revealed that more and more institutions are getting involved in cryptocurrencies, pointing out that the price trend of Bitcoin is mainly driven by retail investors. The digital asset manager at Goldman Sachs stated at a digital asset summit that the Bitcoin ETF has triggered a psychological shift among investors. Major banks like Goldman Sachs are also paying attention to the potential of blockchain technology. While pilot projects show promise, the mainstream issuance of digital assets and a thriving secondary market have yet to be realized. Over time, it is expected that more assets will be tokenized and reach scale. Recently, financial institutions such as Goldman Sachs have participated in pilot projects of financial blockchain networks