ChainCatcher news, according to CoinDesk, Zurich-based banking giant UBS will allow some customers who want to trade Bitcoin ETFs to trade Bitcoin ETFs, according to a person familiar with the matter, but some conditions need to be met. Conditions include that UBS cannot solicit trades and accounts with lower risk tolerance cannot purchase Bitcoin.

Additionally, a Citigroup spokesperson said, “Currently, from an execution and asset servicing perspective, we offer our recently approved Bitcoin ETF to institutional clients.” The New York-based global bank is evaluating products for personal wealth clients.