Editor’s Note: This article has been updated to clarify that the reported holdings represent client investments in Bitcoin ETFs.
Last week, filings revealed that clients of Wells Fargo have amassed substantial exposure to Bitcoin (CRYPTO: BTC) through ETFs. This development has elicited reactions from the cryptocurrency community, including a response from Changpeng Zhao, the founder of Binance.
The disclosure that Wells Fargo clients hold $383 million in Bitcoin ETFs comes at a time of increasing uncertainty in the …Full story available on Benzinga.com
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