It seems that all the brokers that allow crypto trading are making money from this bull market. IBKR is up 40% in 3 months, Robinhood up 70%, Schwab up 20%.
I think the UK listed ones like IG, CMC and Plus 500 will also be doing well.
This is a great shout - much appreciated! I'd also point out some interesting plays via GROW and AUGM where some of their holdings are picks and shovels on Crypto. They are probably far less visible than the likes of IG, CMC and Plus500 and both are on a big discount to NAV still. But I'm certainly going to give these a look.
And seems that AUG have 6.5% of their assets exposed to crypto and Blockchain according to the June 24 report, via Gemini and Parifi. So it's not a major holding but they will be worth a lot more at the moment.
Great minds think alike! I started thinking about Revolut and Bakkt today, buy you just mentioned that VPC sold out of Bakkt. I'm pretty sure Revolut is one of the most popular ways to buy crypto in Europe so they will be doing very well.
It seems that all the brokers that allow crypto trading are making money from this bull market. IBKR is up 40% in 3 months, Robinhood up 70%, Schwab up 20%.
I think the UK listed ones like IG, CMC and Plus 500 will also be doing well.
This is a great shout - much appreciated! I'd also point out some interesting plays via GROW and AUGM where some of their holdings are picks and shovels on Crypto. They are probably far less visible than the likes of IG, CMC and Plus500 and both are on a big discount to NAV still. But I'm certainly going to give these a look.
And seems that AUG have 6.5% of their assets exposed to crypto and Blockchain according to the June 24 report, via Gemini and Parifi. So it's not a major holding but they will be worth a lot more at the moment.
Great minds think alike! I started thinking about Revolut and Bakkt today, buy you just mentioned that VPC sold out of Bakkt. I'm pretty sure Revolut is one of the most popular ways to buy crypto in Europe so they will be doing very well.
What do you think about its competitor Plus500 (PLUS.L). Plus is growing much faster and paying nice dividends and buybacks.
It’s a great question. What of others, too, in this space? I’m intrigued to explore the space further generally.
I know only IGG.L