5/7/2021 2:07:10 AM GMT Goldman Sachs is now offering Bitcoin non-deliverable forwards to institutional investors. To reduce its risks, the global investment bank is buying and selling Bitcoin futures in block trades on CME. The Wall Street giant quietly started to offer crypto derivatives to clients last month. Goldman Sachs has reportedly been providing institutional investors a way to place bets on Bitcoin price with a new derivatives offering. Goldman Sachs focuses on expanding Bitcoin offerings Last month, the investment banking giant began offering trading with non-deliverable forwards, a derivative tied to the Bitcoin price. These derivatives are contracts between two parties that agree to settle the difference between the spot price and the contracted price at a specific date.