Merrill Lynch Bars Trading Of Bitcoin Fund Futures
Merrill Lynch has banned clients from trading the Bitcoin Investment Trust (GBTC) and Bitcoin futures due to concerns about these Bitcoin related investments. Merrill Bans Bitcoin Fund, Futures.  The ban of futures trading had already been established Bitcoin is in its biggest bubble to date, which could lead to a prolonged bear market, merrill lynch bars trading of bitcoin fund futures similarly to 2018, said former Merrill Lynch economist. Merrill Lynch barred clients and financial advisers trading on their behalf from buying bitcoin or any bitcoin-related investments including futures and the.  An explanation of the ban of the fund was contained in a memo sent to roughly 17,000 brokers at Merrill Lynch and Merrill Edge according to Reuters. The financial entity pointed out that the advisors are not bitcoin candlestick chart allowed to accept orders from its costumers to pair crypto in the Grayscale Bitcoin Investment Trust – which is BTC fund and.Founder and chief economist at Rosenberg Research, David Rosenberg, has doubled-down on his narrative that bitcoin, similarly to the stock markets, is in a massive bubble Merrill Lynch Bans Clients from Investing in Bitcoin Fund Merrill Lynch, the brokerage arm of Bank of America, has blocked financial advisers and clients from trading in bitcoin-related investments Another banks moves in contrary to the growing wave of cryptocurrency – The american Bank Merrill Lynch just declared that it was banning BTC-related trading or investing for its costumers and advisors.