UBS, the Zürich-based banking large, will let some purchasers who want to commerce bitcoin ETFs achieve this, topic to some circumstances, in accordance with an individual conversant in the matter. The circumstances, in accordance with the individual near UBS who requested to not be named, embrace: UBS can not solicit the trades and accounts with a decrease danger tolerance will not be capable to purchase them. A UBS spokesperson declined to remark. Citigroup, in the meantime, “at the moment offers our institutional purchasers with entry to the just lately accepted Bitcoin ETFs from an execution and asset servicing perspective,” a spokesperson instructed CoinDesk Thursday. The New York-based financial institution is “evaluating the merchandise for particular person Wealth purchasers.”
