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Not Fake News: TD Ameritrade CEO Confirms REAL Demand for Bitcoin

Ryan Smith
Despite this morning's Fake News kerfuffle, TD Ameritrade CEO Tim Hockey confirmed that the brokerage is seeing REAL demand for Bitcoin. | Source: Shutterstock

Mati Greenspan, a prominent crypto analyst, sparked a bit of a kerfuffle this morning when he “jumped the gun” by announcing TD Ameritrade’s entrance into the retail Bitcoin market.

The error caused Twitter to erupt, particularly after news outlets started reporting the year-old story.

TD Ameritrade is an online brokerage house which focuses on traditional financial assets, although it does also provide Bitcoin futures trading for specific clients – and has since 2018.

Despite the #FakeNews hiccup and Greenspan’s subsequent apology, it appears that the brokerage might be considering a retail Bitcoin product after all.

Bitcoin Trading Could Be a Major Boon for TD Ameritrade Clients

Speaking with TheStreet, outgoing CEO Tim Hockey confirmed that there’s a growing demand for the flagship cryptocurrency:

“But cryptocurrencies like bitcoin are drawing increasing interest from investors, and they want to trade it. Clients are asking for it.”

Read the full story on CCN.com.