"Goldman Sachs and BlackRock Poised to Shape Future of Bitcoin ETFs Amid SEC Speculation"

Goldman Sachs is in discussions to become an authorized participant for BlackRock and Grayscale's proposed bitcoin ETFs, which would position the bank as a significant entity in the management of these funds. This comes amid growing investor anticipation for the SEC's potential approval of the first U.S. spot bitcoin ETF, with some expecting a decision before January 10. However, skepticism remains, with predictions from crypto firm Matrixport suggesting a possible decline in bitcoin prices if the SEC rejects the applications. Meetings between SEC staff and stock exchange officials have fueled speculation about an imminent ETF approval.