According to two anonymous sources, it seems that the second-largest US bank, Bank of America, has approved trading Bitcoin futures for an exclusive group of people.
Similar to most institutions, the bank has decided to keep crypto at an arm’s length, but it seems that due to the large amount of margin needed to trade the futures, it will now permit some clients to have access to the world of crypto. According to one source, it is possible that one or two clients may already be live.
Of course, this isn’t the first bank to let its clients invest in crypto, as back in spring, Goldman Sachs explained it would reopen its crypto trading desk following a three-year period of inactivity and soon began acquiring and selling Bitcoin futures in block trades.
As of now, Bank of America decided not to confirm or deny the rumor.