UBS, the Zürich-based banking giant, will let some clients who desire to trade bitcoin ETFs do so, subject to some conditions, according to a person familiar with the matter. The conditions, according to the person close to UBS who asked to not be named, include: UBS cannot solicit the trades and accounts with a lower risk tolerance won’t be able to buy them. A UBS spokesperson declined to comment. Citigroup, meanwhile, “currently provides our institutional clients with access to the recently approved Bitcoin ETFs from an execution and asset servicing perspective,” a spokesperson told CoinDesk Thursday. The New York-based bank is “evaluating the products for individual Wealth clients.”

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• Source: https://www.coindesk.com/markets/2024/01/12/first-mover-americas-franklin-templetons-bitcoin-etf-becomes-the-cheapest/?utm_medium=referral&utm_source=rss&utm_campaign=headlines