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It follows earlier steps by allowed byying begin placing private bank clients into a new to clients, CNBC first reported, the crypto firm, rather than have lined up to do shares in a trust that's.
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| Is jp morgan buying bitcoin | Learn more about Consensus , CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. On Thursday, financial advisors were allowed to begin placing private bank clients into a new bitcoin fund created with crypto firm NYDIG, according to people with knowledge of the move. A Grayscale spokeswoman said that the firm is "excited to see that respected financial institutions such as JPMorgan are listening and responding to growing investor interest in digital currencies. CoinDesk operates as an independent subsidiary, and an editorial committee, chaired by a former editor-in-chief of The Wall Street Journal, is being formed to support journalistic integrity. The NYDIG fund is being marketed as one of the least expensive and safest ways to gain bitcoin exposure, according to Coindesk, which reported on the product earlier. |
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| Is jp morgan buying bitcoin | Bernstein tech analyst's best idea for is to short Tesla. The fund is also being touted as having the ability to be seamlessly rolled into an ETF in the future, should one gain regulatory approval, one of the people said. Futurum CEO names 3 he's bullish on for Disclosure Please note that our privacy policy , terms of use , cookies , and do not sell my personal information has been updated. Please note that our privacy policy , terms of use , cookies , and do not sell my personal information has been updated. But more recently he has said that clients want to invest in them and therefore JPMorgan has a responsibility to deliver crypto investments safely. |
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