It will trade Bitcoin futures in a principal, market-making capacity and will also create non-deliverable forward products, Bloomberg said. However, a team at the bank is looking at going in that direction if it manages to get regulatory approval, and also takes cognisance of additional risks associated with holding Bitcoins. Use own money Goldman Sachs will set up first bitcoin trading operation at a Wall Street bank, and use use its own money to trade in various Bitcoin linked contracts. Further, the firm also seeks to create its own version of a Bitcoin future contract, CNBC TV18 reported. According to the channel, Goldman Sachs expects to begin operations by June end. The firm has also hired cryptocurrency trader Justin Schmidt will look after the day-to-day operations. Interestingly, Goldman Sachs is aware of the skepticism surrounding dealing in Bitcoins. "I would not describe myself as a true believer who wakes up thinking Bitcoin will take over the world.