Could they be playing on the greed of their clients?
Could they be playing on the greed of their clients?
I was considering that, but AFAIK, they don't have a crypto trading desk or any products to sell, other than taking a commission to put their clients money into a Greyscale fund or something. I guess if a particularly rich client asked for it, they'd help him open an account on coinbase maybe?
I think it might be more of a way for them to CYA in case bitcoin goes to the moon. They've taken some flak already for advising their clients to stay away from crypto, despite the returns.
I was considering that, but AFAIK, they don't have a crypto trading desk or any products to sell, other than taking a commission to put their clients money into a Greyscale fund or something. I guess if a particularly rich client asked for it, they'd help him open an account on coinbase maybe?
I think it might be more of a way for them to CYA in case bitcoin goes to the moon. They've taken some flak already for advising their clients to stay away from crypto, despite the returns.
Yes!!!
Yes!!!
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