The sixth largest bank in the U.S. with assets under management of 410 billion: PNC

Has just launched direct Bitcoin spot trading, directly connecting qualified private client investment accounts, with backend support from Coinbase.

This is the first mainstream American bank to do this, and other banks waiting will lose high-net-worth clients to PNC.

It is predicted that JPMorgan, BoFA, and Wells Fargo will also announce within 90 days, otherwise, they risk significant market share loss.

These traditional banks have finally awakened; BTC is accelerating into the mainstream, but regulatory and volatility risks remain, so we need to watch the follow-up speed.

#PNC #Bitcoin