A new round of Tether (USDT) and Bitfinex ‘FUD’ may have just swept over the market, but the underlying growth of cryptocurrency hasn’t ceased. According to a recent report from Bloomberg, who cites sources familiar with the following situation, E*Trade Financial Corp, a prominent New York-based trading platform, will soon allow users of its platform to trade Bitcoin (BTC) and Ethereum (ETH). The anonymous source added that if the launch of the two aforementioned assets goes well, E*Trade may consider “adding other currencies in the future.”
The New York Times corroborated this news, which is the latest in a string of positive developments for cryptocurrency infrastructure. In a tweet posted on the subject matter, Nathaniel Popper, the business news outlet’s resident cryptocurrency and fintech specialist, explained that his sources are releasing information similar to that seen in the Bloomberg post. Popper’s insiders did add a tidbit of their own, however, as the reporter did explain that E*Trade is being held by finding a proper third party/custody solution to secure the Bitcoin, Ethereum, and other digital assets purchased and sold.