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