According to Bloomberg, US financial institution Morgan Stanley is set to launch trading in complex derivatives tied to Bitcoin. The US bank will deal in contracts that give investors synthetic exposure to the performance of Bitcoin. While not confirmed by Morgan Stanley, Bloomberg is citing a source familiar with the matter. The news follows previous institutions such as Goldman Sachs Group Inc. and Citigroup Inc. also preparing new products tied to Bitcoin.
Stay updated here with how the cryptocurrency is tracking:
More Like this
Bitcoin Watch – Wall St’s first Bitcoin trading operation could be set up very soonMay 3, 2018 - Bitcoin Watch – Bitcoin climbs and eyes USD10,000May 4, 2018
- Bitcoin Watch – Cryptos jump up to 10% following positive news and developments of the weekJuly 18, 2018
- Bitcoin Watch – Bitcoin’s crashes by almost 6%, while USD20 billion wiped off the crypto marketSeptember 6, 2018
- Bitcoin Watch – US Banks deliver another blow to CryptocurrenciesFebruary 6, 2018
- Bitcoin Watch – Sweden could launch the world’s first central bank operated crytocurrencyApril 20, 2018
- Bitcoin Watch – Goldman Sachs CEO: It’s too ‘arrogant’ to say Bitcoin won’t have a futureJune 22, 2018
- Bitcoin Watch – Goldman Sachs weighs in on Bitcoin phenomenonJanuary 24, 2018
- Bitcoin Watch – Bitcoin price dives as Bitfinex and Tether get subpoenaedJanuary 31, 2018
- Bitcoin Watch: Can Bitcoin turn the crypto market from bear to bull?August 17, 2018
- Bitcoin Watch – Is the next bull run really coming?October 1, 2018
- Bitcoin Watch – ex-Goldman Sachs president: We will have a global cryptocurrency at some pointMay 9, 2018
