Switzerland’s banking sector going bigtime Bitcoin as two banks are set to launch futures this week, while its JPMorgan arm launders money. Vontobel, which has long signaled increased exposure to Bitcoin for customers, will join Leonteq Securities, which will offer a futures-like contract.
Vontobel senior executive Eric Blattmann told Bloomberg:
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We have seen big demand for our long tracker certificate from investors interested in playing the upside potential of bitcoin and now they have also the possibility to hedge their position or go short.
http://bitcoinist.com/two-new-bitcoin-futures-hit-switzerland-finma-slams-jpmorgan/