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The Swiss bank is operating a pilot program with plans to possibly launch a wider rollout to clients in a few months, one source said.
Industry insiders say the medium-term outlook for the crypto market is positive, even if sentiment is not.
The U.S. bank’s prime brokerage division is offering services in crypto-linked ETPs to some of its European hedge fund clients.
The bank’s prime brokerage unit is said to be allowing clients to access various crypto exchange-traded products.
Clients are in the process of being set up, with some already live, according to one of two sources.