This article was updated to clear up inaccuracies. 

Goldman Sachs has filed a note with the U.S. Securities Exchange And Commission (SEC) regarding the ARK Innovation ETF, an exchange-traded fund (ETF) capable of investing in bitcoin and bitcoin-adjacent technology.

The note states, “The ETF is an actively-managed exchange-traded fund that will invest under normal circumstances primarily (at least 65% of its assets) in domestic and foreign equity securities of companies that are relevant to the ETF’s investment theme of disruptive innovation,” according to the filing.

The disruptive innovation line hints at the potential investment in Bitcoin that is further described in the filing: “The ETF may have exposure to cryptocurrency, such as bitcoin, indirectly through an investment in a grantor trust. The ETF’s exposure to cryptocurrency may change over time and, accordingly, such exposure may not always be represented in the ETF’s portfolio.”

The note makes it increasingly apparent that bitcoin is considered an investment-grade asset. As large institutions like Goldman Sachs include financial instruments involving bitcoin in their portfolio, traditional financial figures' perception of bitcoin changes.

The filing also describes that companies otherwise involved in the “Fintech Innovation” industry may be components of the ETF offered by the note. This too, potentially serves to bolster bitcoin’s place in the traditional finance world, as companies in the industry become major investment opportunities.