Citadel, Goldman Sachs, UBS, Citigroup Now Want Piece of Bitcoin

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Citadel, Goldman and UBS are no longer shying away from being publicly associated with Bitcoin, accordion to ETF analyst Eric Balchunas

the list of authorized participants on its Bitcoin ETF prospectus with a lot of big names. They include such first-timers as American multinational hedge fund Citadel, investment banking giant Goldman Sachs, Switzerland-based investment bank and financial services company UBS, as well as major investment bank Citigroup.

According to Balchunas, the inclusion of Citadel and other names means that"big-time firms" now want a piece of the Bitcoin action. Moreover, they are now comfortable being publicly associated with Bitcoin.Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.

Source: Digital Coin News (digitalcoinnews.net)

 

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