U.S. Bank's Resumption of Bitcoin Custody Services with ETFs Support
U.S. Bank Resumes Bitcoin Custody Services
U.S. Bank has officially resumed its Bitcoin (BTC) custody services for institutional investment managers, which had been paused since 2022. The product was originally introduced in 2021 and is now significantly enhanced with support for ETFs.
Enhanced Investment Opportunities
The reinstated services position U.S. Bank as a key player in the growing cryptocurrency market, aligning with increasing demand for Bitcoin custody solutions. The inclusion of ETFs offers investors streamlined access to Bitcoin, tapping into a more comprehensive approach to crypto investments.
- Institutional-Level Custody: Designed for larger financial entities.
- Support for ETFs: Broader investment vehicles now available.
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