Insiders: Merrill Lynch Weighing Whether to Launch Bitcoin Spot ETF
Merrill Lynch currently does not support trading of Bitcoin spot ETFs. According to information obtained by Fox reporter Eleanor Terrett, sources state that Merrill is waiting to observe whether ETF trading is effective before deciding to change its current internal policy that prohibits such products. Merrill Lynch is known as one of the world's largest retail brokerage and investment banking firms, headquartered in New York City, USA.
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