Biggest bank Colombia offers crypto-trading, 25% of US investors own Bitcoin, Nasdaq Sweden lists BTC and ETH

Photo by Executium on Unsplash

Gemini partners with Colombia’s biggest bank for crypto trading

New York-based crypto exchange Gemini has announced that it will be expanding into Latin America through an upcoming partnership with Colombia’s largest bank, Bancolombia.

The partnership will take effect Dec. 14, and will permit customers from Bancolombia to trade 4 crypto assets: Bitcoin (BTC), Ether (ETH), Litecoin (LTC), and Bitcoin Cash (BCH).

A limited number of users will be able to buy crypto directly from their Bancolombia bank accounts through the Gemini exchange, which will provide crypto-specific infrastructure for exchange and custody of assets. It remains unclear whether the users will be able to withdraw the crypto holdings directly from their accounts.

Source: Cointelegraph

25% of US investors owns Bitcoin, more 50% bought this year

Retail interest in digital assets grew this year, with more than a quarter of US investors reporting bitcoin ownership in 2021, according to a survey conducted by Grayscale Investments and market research firm 8 Acre Perspective.

Of the 1,000 investors surveyed, 59% reported interest in bitcoin investments, up from 55% in 2020.

Cryptocurrency adoption has increased significantly in the past year. Of those surveyed that own bitcoin, 55% said that they purchased the asset within the last 12 months.

Source: Blockworks

Nasdaq Stockholm lists Bitcoin and Ether exchange-traded notes

Nasdaq Stockholm has announced that 21Shares has listed its first two physically backed exchange-traded notes (ETN) on the Swedish trading platform.

The two instruments listed, with Bitcoin (BTC) and Ether (ETH) as underlying assets, represent a new segment for ETNs — a type of unsecured debt security that tracks an underlying index of equities and trades on a major exchange.

According to the announcement, the new ETNs will provide investors access to investment opportunities in cryptocurrencies such as Bitcoin and Ether.

Source: Cointelegraph

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