According to Bloomberg, E*Trade is getting ready to let customers trade Bitcoin and Ethereum on its platform. If true, five million investors will soon be able invest in both cryptocurrencies.
E*Trade Financial Corp, a prominent New York-based trading platform, is apparently close to launching cryptocurrency trading. According to an anonymous source, the firm will start by adding Bitcoin and Ethereum, but will also consider adding other currencies in the future.
Nathaniel Popper, technology reporter at The New York Times, tweeted that sources are releasing information similar to the news that Bloomberg has published bout the matter. The tweet from Popper:
In the wake of TD Ameritrade quietly opening Bitcoin trading for some of its customers, I was just told that eTrade is preparing to begin offering both Bitcoin and Ether trading to its 5 million or so customers and is just finalizing a third party to actually hold the coins.
— Nathaniel Popper (@nathanielpopper) April 26, 2019
Although the news would prove that the underlying growth of cryptocurrency hasn’t ceased, for now, nothing has been confirmed yet by E*Trade. A spokesman for E*Trade declined to comment, but also didn’t state that the news is false.