Ng\u00e2n h\u00e0ng \u0111\u1ea7u t\u01b0 Goldman Sachs \u0111\u00e3 ch\u00ednh th\u1ee9c tho\u00e1i v\u1ed1n ho\u00e0n to\u00e0n kh\u1ecfi c\u00e1c qu\u1ef9 ho\u00e1n \u0111\u1ed5i danh m\u1ee5c (ETF) giao ngay c\u1ee7a XRP v\u00e0 Solana trong qu\u00fd 1 n\u0103m 2026. Theo h\u1ed3 s\u01a1 13F n\u1ed9p l\u00ean \u1ee6y ban Ch\u1ee9ng kho\u00e1n v\u00e0 Giao d\u1ecbch Hoa K\u1ef3 (SEC) v\u00e0o gi\u1eefa th\u00e1ng 5 n\u0103m 2026, \u0111\u1ecbnh ch\u1ebf t\u00e0i ch\u00ednh n\u00e0y c\u0169ng th\u1ef1c hi\u1ec7n c\u1eaft gi\u1ea3m m\u1ea1nh 70% danh m\u1ee5c Ethereum ETF. \u0110\u1ed9ng th\u00e1i n\u00e0y cho th\u1ea5y m\u1ed9t s\u1ef1 thay \u0111\u1ed5i r\u00f5 r\u1ec7t trong chi\u1ebfn l\u01b0\u1ee3c ti\u1ebfp c\u1eadn th\u1ecb tr\u01b0\u1eddng ti\u1ec1n m\u00e3 h\u00f3a c\u1ee7a g\u00e3 kh\u1ed5ng l\u1ed3 ph\u1ed1 Wall, \u01b0u ti\u00ean s\u1ef1 th\u1eadn tr\u1ecdng \u0111\u1ed1i v\u1edbi c\u00e1c lo\u1ea1i altcoin m\u1edbi n\u1ed5i.<\/p>\n\n
S\u1ef1 r\u00fat lui n\u00e0y di\u1ec5n ra sau khi Goldman Sachs t\u1eebng n\u1eafm gi\u1eef v\u1ecb th\u1ebf l\u1edbn t\u1ea1i c\u00e1c s\u1ea3n ph\u1ea9m n\u00e0y v\u00e0o cu\u1ed1i n\u0103m 2025. C\u1ee5 th\u1ec3, t\u00ednh \u0111\u1ebfn cu\u1ed1i qu\u00fd 4 n\u0103m 2025, ng\u00e2n h\u00e0ng s\u1edf h\u1eefu g\u1ea7n 154 tri\u1ec7u USD trong c\u00e1c qu\u1ef9 XRP ETF t\u1eeb nh\u1eefng nh\u00e0 ph\u00e1t h\u00e0nh nh\u01b0 Bitwise, Franklin Templeton, Grayscale v\u00e0 21Shares. \u0110\u1ed3ng th\u1eddi, danh m\u1ee5c Solana ETF c\u1ee7a h\u1ecd c\u0169ng \u0111\u1ea1t m\u1ee9c kho\u1ea3ng 108 tri\u1ec7u USD. Vi\u1ec7c \u0111\u01b0a c\u00e1c con s\u1ed1 n\u00e0y v\u1ec1 m\u1ee9c 0 trong b\u00e1o c\u00e1o m\u1edbi nh\u1ea5t cho th\u1ea5y ng\u00e2n h\u00e0ng \u0111ang ch\u1ee7 \u0111\u1ed9ng gi\u1ea3m thi\u1ec3u r\u1ee7i ro tr\u1ef1c ti\u1ebfp t\u1eeb c\u00e1c t\u00e0i s\u1ea3n k\u1ef9 thu\u1eadt s\u1ed1 ngo\u00e0i Bitcoin.<\/p>\n\n
\u0110\u1ed1i v\u1edbi Ethereum, quy m\u00f4 n\u1eafm gi\u1eef c\u1ee7a Goldman Sachs \u0111\u00e3 gi\u1ea3m xu\u1ed1ng \u0111\u00e1ng k\u1ec3 t\u1eeb m\u1ee9c kho\u1ea3ng 1 t\u1ef7 USD \u0111\u01b0\u1ee3c ghi nh\u1eadn trong b\u00e1o c\u00e1o qu\u00fd 4 n\u0103m 2025 (c\u00f4ng b\u1ed1 v\u00e0o th\u00e1ng 2 n\u0103m 2024). Hi\u1ec7n t\u1ea1i, ng\u00e2n h\u00e0ng ch\u1ec9 c\u00f2n gi\u1eef kho\u1ea3ng 114 tri\u1ec7u USD c\u1ed5 phi\u1ebfu trong iShares Ethereum Trust (ETHA). Vi\u1ec7c c\u1eaft gi\u1ea3m g\u1ea7n 70% t\u1ec9 tr\u1ecdng n\u00e0y di\u1ec5n ra trong b\u1ed1i c\u1ea3nh c\u00e1c t\u1ed5 ch\u1ee9c t\u00e0i ch\u00ednh l\u1edbn b\u1eaft \u0111\u1ea7u xem x\u00e9t l\u1ea1i t\u00ednh hi\u1ec7u qu\u1ea3 c\u1ee7a c\u00e1c altcoin ETF trong danh m\u1ee5c \u0111\u1ea7u t\u01b0 d\u00e0i h\u1ea1n.<\/p>\n\n
M\u1eb7c d\u00f9 v\u1eabn duy tr\u00ec ni\u1ec1m tin v\u00e0o Bitcoin, Goldman Sachs \u0111\u00e3 th\u1ef1c hi\u1ec7n c\u00e1c b\u01b0\u1edbc \u0111i\u1ec1u ch\u1ec9nh nh\u1ecf \u0111\u1ed1i v\u1edbi lo\u1ea1i t\u00e0i s\u1ea3n n\u00e0y. V\u1ecb th\u1ebf t\u1ea1i iShares Bitcoin Trust (IBIT) hi\u1ec7n ghi nh\u1eadn \u1edf m\u1ee9c kho\u1ea3ng 690 tri\u1ec7u USD, trong khi t\u1ea1i Fidelity Wise Origin Bitcoin Fund (FBTC) l\u00e0 kho\u1ea3ng 25 tri\u1ec7u USD. \u0110\u00e1ng ch\u00fa \u00fd, c\u1ea3 hai v\u1ecb th\u1ebf Bitcoin n\u00e0y \u0111\u1ec1u ghi nh\u1eadn m\u1ee9c gi\u1ea3m ri\u00eang bi\u1ec7t kho\u1ea3ng 10% so v\u1edbi qu\u00fd tr\u01b0\u1edbc. S\u1ef1 s\u1ee5t gi\u1ea3m n\u00e0y ph\u1ea3n \u00e1nh xu h\u01b0\u1edbng ch\u1ed1t l\u1eddi ho\u1eb7c t\u00e1i c\u00e2n b\u1eb1ng \u0111\u1ecbnh k\u1ef3 h\u01a1n l\u00e0 m\u1ed9t cu\u1ed9c th\u00e1o ch\u1ea1y ho\u1ea3ng lo\u1ea1n.<\/p>\n\n
Thay v\u00ec t\u1eadp trung v\u00e0o c\u00e1c qu\u1ef9 ETF tr\u1ef1c ti\u1ebfp, Goldman Sachs \u0111ang c\u00f3 xu h\u01b0\u1edbng gia t\u0103ng \u0111\u1ea7u t\u01b0 v\u00e0o c\u00e1c c\u00f4ng ty \u0111\u1ea1i ch\u00fang li\u00ean quan \u0111\u1ebfn t\u00e0i s\u1ea3n s\u1ed1. Ng\u00e2n h\u00e0ng \u0111\u00e3 t\u0103ng c\u01b0\u1eddng v\u1ecb th\u1ebf t\u1ea1i nh\u1eefng c\u00e1i t\u00ean nh\u01b0 Circle, Galaxy Digital, Coinbase, Robinhood v\u00e0 PayPal. \u0110\u00e2y l\u00e0 nh\u1eefng doanh nghi\u1ec7p \u0111\u00f3ng vai tr\u00f2 quan tr\u1ecdng trong vi\u1ec7c x\u00e2y d\u1ef1ng h\u1ec7 th\u1ed1ng thanh to\u00e1n v\u00e0 d\u1ecbch v\u1ee5 t\u00e0i ch\u00ednh crypto. Xu h\u01b0\u1edbng n\u00e0y cho th\u1ea5y c\u00e1c \u0111\u1ecbnh ch\u1ebf l\u1edbn \u0111ang tin t\u01b0\u1edfng v\u00e0o vi\u1ec7c h\u1ea1 t\u1ea7ng crypto m\u1edf \u0111\u01b0\u1eddng cho t\u1ed5 ch\u1ee9c t\u00e0i ch\u00ednh<\/a> tham gia th\u1ecb tr\u01b0\u1eddng m\u1ed9t c\u00e1ch gi\u00e1n ti\u1ebfp.<\/p>\n\n Ng\u01b0\u1ee3c l\u1ea1i, ng\u00e2n h\u00e0ng \u0111\u00e3 gi\u1ea3m c\u1ed5 ph\u1ea7n t\u1ea1i m\u1ed9t s\u1ed1 c\u00f4ng ty \u0111\u00e0o coin v\u00e0 h\u1ea1 t\u1ea7ng thu\u1ea7n t\u00fay. Danh s\u00e1ch c\u00e1c doanh nghi\u1ec7p b\u1ecb c\u1eaft gi\u1ea3m bao g\u1ed3m Strategy, Riot Platforms, BitMine v\u00e0 Bit Digital. Vi\u1ec7c r\u1eddi b\u1ecf c\u00e1c c\u00f4ng ty v\u1eadn h\u00e0nh khai th\u00e1c cho th\u1ea5y s\u1ef1 \u01b0u ti\u00ean c\u1ee7a Goldman Sachs \u0111\u1ed1i v\u1edbi m\u1ea3ng d\u1ecbch v\u1ee5 v\u00e0 n\u1ec1n t\u1ea3ng giao d\u1ecbch, v\u1ed1n mang l\u1ea1i d\u00f2ng ti\u1ec1n \u1ed5n \u0111\u1ecbnh h\u01a1n so v\u1edbi t\u00ednh ch\u1ea5t r\u1ee7i ro c\u1ee7a ho\u1ea1t \u0111\u1ed9ng \u0111\u00e0o ti\u1ec1n m\u00e3 h\u00f3a.<\/p>\n\n Vi\u1ec7c thanh l\u00fd to\u00e0n b\u1ed9 danh m\u1ee5c XRP v\u00e0 Solana l\u00e0 m\u1ed9t minh ch\u1ee9ng cho c\u00e1ch ti\u1ebfp c\u1eadn th\u1eadn tr\u1ecdng c\u1ee7a Goldman Sachs \u0111\u1ed1i v\u1edbi c\u00e1c s\u1ea3n ph\u1ea9m ETF altcoin \u0111\u1eddi \u0111\u1ea7u. Qu\u00fd 4 n\u0103m 2025 t\u1eebng ch\u1ee9ng ki\u1ebfn s\u1ef1 ph\u00e2n b\u1ed5 d\u00e0n tr\u1ea3i c\u1ee7a ng\u00e2n h\u00e0ng v\u00e0o XRP v\u1edbi 39,8 tri\u1ec7u USD t\u1ea1i Bitwise, 38,4 tri\u1ec7u USD t\u1ea1i Franklin XRP Trust v\u00e0 35,9 tri\u1ec7u USD t\u1ea1i 21Shares. Tuy nhi\u00ean, s\u1ef1 bi\u1ebfn \u0111\u1ed9ng v\u00e0 t\u00ednh ph\u00e1p l\u00fd v\u1eabn l\u00e0 r\u00e0o c\u1ea3n khi\u1ebfn ng\u00e2n h\u00e0ng ph\u1ea3i c\u00e2n nh\u1eafc l\u1ea1i. Trong khi \u0111\u00f3, c\u00e1c nh\u00e0 l\u00e3nh \u0111\u1ea1o ng\u00e0nh nh\u01b0 CEO Ripple d\u1ef1 \u0111o\u00e1n lu\u1eadt ti\u1ec1n m\u00e3 h\u00f3a l\u1ecbch s\u1eed<\/a> s\u1eafp t\u1edbi c\u00f3 th\u1ec3 thay \u0111\u1ed5i c\u1ee5c di\u1ec7n \u0111\u1ea7u t\u01b0 t\u1ed5 ch\u1ee9c.<\/p>\n\n M\u1eb7c d\u00f9 gi\u1ea3m t\u1ec9 tr\u1ecdng \u0111\u1ea7u t\u01b0 tr\u1ef1c ti\u1ebfp, Goldman Sachs v\u1eabn kh\u00f4ng ho\u00e0n to\u00e0n r\u1eddi b\u1ecf h\u1ec7 sinh th\u00e1i k\u1ef9 thu\u1eadt s\u1ed1. Matthew McDermott, Tr\u01b0\u1edfng b\u1ed9 ph\u1eadn T\u00e0i s\u1ea3n K\u1ef9 thu\u1eadt s\u1ed1 To\u00e0n c\u1ea7u c\u1ee7a ng\u00e2n h\u00e0ng, v\u1eabn ti\u1ebfp t\u1ee5c th\u00fac \u0111\u1ea9y c\u00e1c d\u1ef1 \u00e1n token h\u00f3a t\u00e0i s\u1ea3n th\u1ef1c. Goldman Sachs \u0111\u00e3 tri\u1ec3n khai ba d\u1ef1 \u00e1n token h\u00f3a quan tr\u1ecdng trong n\u0103m qua v\u00e0 duy tr\u00ec cam k\u1ebft ph\u00e1t tri\u1ec3n c\u00f4ng ngh\u1ec7 chu\u1ed7i kh\u1ed1i th\u00f4ng qua c\u00e1c h\u1ed9i ngh\u1ecb th\u01b0\u1ee3ng \u0111\u1ec9nh t\u00e0i s\u1ea3n s\u1ed1 quy m\u00f4 l\u1edbn t\u1ea1i London.<\/p>\n\n S\u1ef1 d\u1ecbch chuy\u1ec3n t\u1eeb c\u00e1c s\u1ea3n ph\u1ea9m ETF mang t\u00ednh \u0111\u1ea7u c\u01a1 sang c\u1ed5 phi\u1ebfu c\u1ee7a c\u00e1c c\u00f4ng ty c\u00f4ng ngh\u1ec7 t\u00e0i ch\u00ednh cho th\u1ea5y Goldman Sachs \u0111ang \u0111\u1ecbnh v\u1ecb l\u1ea1i m\u00ecnh. Ng\u00e2n h\u00e0ng \u0111ang ch\u1ecdn c\u00e1ch ti\u1ebfp c\u1eadn th\u00f4ng qua nh\u1eefng th\u1ef1c th\u1ec3 c\u00f3 doanh thu th\u1ef1c t\u1ebf v\u00e0 khu\u00f4n kh\u1ed5 qu\u1ea3n tr\u1ecb r\u00f5 r\u00e0ng. \u0110i\u1ec1u n\u00e0y ph\u00f9 h\u1ee3p v\u1edbi m\u1ee5c ti\u00eau d\u00e0i h\u1ea1n l\u00e0 \u1ee9ng d\u1ee5ng c\u00f4ng ngh\u1ec7 crypto v\u00e0o c\u00e1c s\u1ea3n ph\u1ea9m ng\u00e2n h\u00e0ng truy\u1ec1n th\u1ed1ng h\u01a1n l\u00e0 ch\u1ec9 \u0111\u01a1n thu\u1ea7n n\u1eafm gi\u1eef c\u00e1c m\u00e3 th\u00f4ng b\u00e1o tr\u1ef1c ti\u1ebfp tr\u00ean b\u1ea3ng c\u00e2n \u0111\u1ed1i k\u1ebf to\u00e1n.<\/p>\n\nChi\u1ebfn l\u01b0\u1ee3c th\u1eadn tr\u1ecdng v\u1edbi th\u1ecb tr\u01b0\u1eddng altcoin ETF<\/h3>\n\n