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Goldman Plans to Expand OTC Crypto Options Trading to Ether

  • Client interest in Ether rises ahead of software update
  • Ether prices have outperformed Bitcoin since mid-March

Goldman Sachs Group Inc. is planning to offer over-the-counter Ether options trading and has seen growing interest from clients in the second-largest digital currency, said Andrei Kazantsev, global head of crypto trading at the bank.

The Wall Street giant is planning to launch cash-settled Ether options “in due course,” he said Tuesday during a Goldman client webinar. Last month, Goldman traded its first over-the-counter Bitcoin options.