Bullish Crypto News – $25B Wealthfront Bitcoin & Ethereum Investing – State Street & DekaBank Crypto
Clients of Wealthfront, an automated investment service, can now gain exposure to crypto through the addition of two cryptocurrency trusts to the robo-adviser’s investment offerings. The Palo Alto, Calif.-based firm has expanded its roster of investment vehicles to include the Grayscale Bitcoin Trust (GBTC) and Grayscale Ethereum Trust (ETHE).
Major American financial services and bank holding company State Street Corporation is expanding its push into the cryptocurrency industry by launching new digital asset services.
One of Germany’s largest asset managers Deka Bank
is considering investing in Bitcoin after a new law takes effect Monday, Bloomberg reports. It holds $403 billion in assets under management.
U.S. Compass Mining clients can now mine bitcoin directly into an IRA without triggering a taxable event.
Greenidge Generation will use BTC mining profits to build solar farm.
Crypto lobby groups say they’re fighting ‘unworkable’ crypto reporting language in infrastructure bill.
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Disclaimer – Thinking Crypto and Tony are not financial or investment experts. You should do your own research on each cryptocurrency and make your own conclusions and decisions for investment. Invest at your own risk, only invest what you are willing to lose. This channel and its videos are just for educational purposes and NOT investment or financial advice.