Wells Fargo and JPMorgan have both registered a Bitcoin fund with the U.S. Securities and Exchange Commission (SEC). Both have partnered with the New York Digital Investment Group (NYDIG) on the offerings.
Nasdaq-listed cryptocurrency exchange Coinbase has received approval from its board to purchase over $500 million worth of cryptocurrency for its balance sheet.
BlackRock, the $9 trillion multinational investment manager, has invested over $380 million in two bitcoin mining firms, according to filings with the SEC.
Sponsored: The Aventus Network (AvN), a 2nd-layer blockchain protocol is set to close round two of its Validator Registration Program to Aventus Token (AVT) holders at full capacity. This follows the announcement of a new partnership with gaming social network, fruitlab.
Top stories in the Crypto Roundup today:
- Wells Fargo and JPMorgan Launch Bitcoin Funds
- Coinbase to Add $500 Million Worth of Crypto to its Balance Sheet
- BlackRock ETFs Invested in Bitcoin Mining Firms
- Crypto Market Movers – AUDIO; AVAX, LUNA
- Sponsored: Aventus Staking Program Now More Than 80% Full As Aventus Partners with fruitlab