Goldman Sachs (GS) is offering interested clients access to an ether (ETH) fund issued by Galaxy Digital, according to regulatory documents filed with the U.S. Securities and Exchange Commission (SEC) on Tuesday.
The amended Form D filing states “Goldman Sachs & Co. LLC will receive an introduction fee” for clients it brings to the “Galaxy Institutional Ethereum Fund.” Galaxy issued that fund last March.
With a $250,000 minimum investment, the fund has sold over $50 million to 28 clients, filings show. It’s difficult to say how much, if any, flow Goldman is responsible for as the investment bank was not involved when it first launched.
