US investment app Robinhood lists 11 new Bitcoin spot ETFs

Counter Vanguard’s refusal to provide

Robinhood Markets, a major US virtual currency and stock investment app, has started handling 11 Bitcoin spot ETFs (exchange traded funds) that were approved yesterday.

Excited about the Bitcoin ETF news? All 11 are now available on Robinhood: https://t.co/hDdECIUz70

And when you transfer your brokerage account into Robinhood you get a 1% bonus on us: https://t.co/2mExIfm5T9. Terms apply. pic.twitter.com/bZ6TbAzNhN

— Robinhood (@RobinhoodApp) January 12, 2024

Yesterday, the company’s CEO Vlad Tenev already mentioned plans to list a Bitcoin ETF and expressed his “intention to quickly introduce it.”

Robinhood took to social media to counter Vanguard’s policy of not offering Bitcoin ETFs due to “high risk,” and offered an incentive of a 1% fund transfer bonus for those who switch from a Vanguard account by January 31st. I was told that I would provide it.

connection: US asset management giant Vanguard plans not to offer Bitcoin ETF

connection: “Robinhood” CEO is keen on handling Bitcoin ETFs

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