eToro Custodial Service Sees 13% Surge in Bitcoin Holdings in Two Weeks
The amount of bitcoin deposited with UK-based asset brokerage company eToro is rising dramatically.
The firm’s chief market analyst, Mati Greenspan, said on Wednesday that they witnessed a 13 percent surge in bitcoin holdings at their proprietary custodianship. The deposits jumped particularly between May 4 and May 18, the period which saw bitcoin price appreciating more than 50 percent against the US dollar.
“eToro clients, indeed, participated in the recent Bitcoin surge,” st
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