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UBS, the Zürich-based banking big, will let some shoppers who need to commerce bitcoin ETFs accomplish that, topic to some circumstances, in response to an individual accustomed to the matter. The circumstances, in response to the particular person near UBS who requested to not be named, embody: UBS can not solicit the trades and accounts with a decrease danger tolerance will not be capable of purchase them. A UBS spokesperson declined to remark. Citigroup, in the meantime, “at present offers our institutional shoppers with entry to the just lately permitted Bitcoin ETFs from an execution and asset servicing perspective,” a spokesperson informed CoinDesk Thursday. The New York-based financial institution is “evaluating the merchandise for particular person Wealth shoppers.”
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