Bank of America will offer cryptocurrency securities or options for NYDIG's Bitcoin ETF.

2021-4-27 20:46
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In addition to its recent investment in crypto infrastructure company Securrency, Bank of America announced on Tuesday that it will work with an anonymous chairman to deliver new crypto products, CoinDesk reported. Bank of America also announced that it has been selected to manage the New York Digital Investment Group (NYDIG) Bitcoin ETFs (subject to governance agreement), in accordance with the long-term equity services relationship of NYDIG with the bank. In the latest news, NYDIG has submitted a Bitcoin ETF application to the US SEC, with the expectation that the NYDIG Bitcoin ETF will be listed on the New York Stock Exchange (NYSE).

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