US Bank Re-Enters Bitcoin Custody: A New Era?

U.S. Bank is re-entering the Bitcoin custody game after a three-year hiatus, fueled by a shifting political landscape and Trump's pro-crypto stance. Partnering with NYDIG, they're targeting institutional investors, especially those managing Bitcoin ETFs. This move could shake up the custody market currently dominated by Coinbase, as other major banks like Citigroup eye similar services amid surging Bitcoin ETF popularity and prices. Hosted on Acast. See acast.com/privacy for more information.