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Seeking Alpha 2021-04-27 13:19:28

Bitcoin roundup: U.S. Bank adds to crypto business, NFL's Sean Culkin opts in

U.S. Bank (USB) has a couple of crypto-related developments this morning. One being that it will offer a new cryptocurrency custody product in partnership with an unnamed sub-custodian. The other being that it will be the administrator for NYDIG's Bitcoin ETF, should it be approved by D.C. regulators.Speaking to Coindesk, U.S. Bank strategist Christine Waldron: "I think Morgan Stanley, Goldman and JPMorgan are all focused on what they are going to be providing to their wealth clients ... What we’re trying to do is create a scalable infrastructure that the investment management community who runs these funds can leverage."In other news, Sean Culkin of the NFL's Kansas City Chiefs has become the first player to have his entire salary ($920K next year) converted entirely into bitcoin (BTC-USD). Fans will remember the Carolina Panthers' Russell Okung late last year requesting that half of his salary be paid in bitcoin.Checking prices, bitcoin continues

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