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Citi Wealth pitches spot Bitcoin ETFs to clients

NewsFeeds update

Citi Wealth is pitching spot Bitcoin ETFs to clients, which an October Citi report described as a way to hold Bitcoin via a brokerage account alongside stocks and bonds. VanEck's Matthew Sigel said he heard the Binance hack delayed Citi's Custody+ Bitcoin service; Citi has not confirmed this.

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The story so far: Citi Bitcoin custody and ETF push

VanEck's Matthew Sigel said Citi had planned to launch institutional Bitcoin custody last week, possibly delayed by the Binance hack; Citi's Custody+ platform was announced in August. Citi Wealth is now pitching spot Bitcoin ETFs to clients, and Sigel said he heard the Binance hack delayed the Custody+ service, which…

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  1. Citi Wealth pitches spot Bitcoin ETFs to clients

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