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UBS, the Zürich-based banking large, will let some purchasers who need to commerce bitcoin ETFs accomplish that, topic to some situations, in response to an individual acquainted with the matter. The situations, in response to the individual near UBS who requested to not be named, embody: UBS can’t solicit the trades and accounts with a decrease threat tolerance will not be capable to purchase them. A UBS spokesperson declined to remark. Citigroup, in the meantime, “at present supplies our institutional purchasers with entry to the not too long ago accepted 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 purchasers.”
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