Nearly one year ago, the SEC approved the first spot bitcoin exchange-traded funds. Processing Content Since then, BlackRock's iShares Bitcoin Trust (IBIT) has grown to $50 billion in assets — growth ...
Bloomberg reports that the Wall Street giant is in the early stages of planning to add spot Bitcoin and crypto trading capabilities to its ETrade brokerage platform. The project aims to allow ETrade’s ...
For long, Bitcoin (BTC) mining companies have tricked their clients with uptime metrics that look at whether a machine is running on power on not instead of checking whether a machine is actually ...
PNC Bank is now the first major U.S. bank to offer eligible Private Bank clients direct bitcoin trading through its platform, powered by Coinbase’s infrastructure. PNC Bank has launched direct spot ...
On Monday, during the company’s investor day event, CEO Jamie Dimon said that JPMorgan will soon allow clients to buy Bitcoin. However, he said the bank will not provide custody services for the asset ...
JPMorgan has re-confirmed it will allow clients to trade Bitcoin and other cryptocurrencies. While the bank will not immediately offer custody services, it is expanding its blockchain initiatives and ...
Bitcoin being widely used for daily payments in the future is just “out-of-the-money-option value upside,” according to BlackRock’s head of digital assets Robbie Mitchnick. BlackRock’s head of digital ...
Relai is pleased announce the launch of a new feature: Bitcoin-backed loans. Also known as Lombard loans, this financial instrument enables Bitcoin holders to ...
Like it or not, wealth managers are being forced to weigh in on Bitcoin in the wake of its recent swoon. The price of Bitcoin has collapsed over 27% in the past six weeks, dropping from over $126,000 ...
Today, Chairman and CEO of JPMorgan Chase Jamie Dimon reiterated his personal disapproval of Bitcoin during the bank’s annual Investor Day event. Despite the bank’s decision to provide clients with ...