All Hargreaves Lansdown clients with SIPP and brokerage accounts now have digital access to add bitcoin exposure to their portfolio by purchasing Europe’s only exchange traded bitcoin note, issued by XBT Provider.
The two Bitcoin ETNs listed on the NASDAQ OMX are now available for online purchasing.
“Buying the XBT provider ETN was extremely quick, all I had to do is place my order and click ‘deal,’ and I had bitcoin exposure in my SIPP within minutes,” says Nigel Timperley, a current Hargreaves Lansdown SIPP customer.
Clients who wish to add bitcoin to their tax advantaged SIPP accounts now only need to login to their usual portal with Hargreaves Lansdown and search for XBT.
“By adding self-service, online dealing, the team at Hargreaves Lansdown is providing UK investors with professional and quick access to the bitcoin space in the UK and greater Europe. This is very exciting for any investors who have been thinking about buying bitcoin but did not want the hassle of security and regulation involved in buying bitcoin directly from exchanges. Now investors can quickly add bitcoin exposure to their portfolio via their brokerage account,” says Ryan Radloff, head of investor relations for XBT Provider.