UBS owns 3,600 shares of BlackRock’s iShares Bitcoin Trust (IBIT)

In the news on Monday was this, that UBS owns 3,600 shares of BlackRock’s iShares Bitcoin Trust (IBIT)

• UBS is good company, the list of authorized participants for BlackRocks’ IBIT also includes Citadel and Goldman Sachs

UBS does allow some of its clients to trade Bitcoin ETFs, but only those clients it asses as having a higher risk tolerance can access the new funds

• It allows some of its affluent clients to gain exposure to cryptocurrency ETFs based in Hong Kong
• UBS is good company, the list of authorized participants for BlackRocks’ IBIT also includes Citadel and Goldman Sach

BTC update:

This article was written by Eamonn Sheridan at www.forexlive.com.