Key Takeaways
- • Citi's planned launch of its institutional Bitcoin custody service through Custody+ in late 2026 did not occur as expected in the week prior to the story date, according to the primary source.
- • VanEck's digital asset chief Matthew Sigel speculated the delay may be linked to the recent Binance hack, but Citi has not confirmed any connection.
- • Citi Wealth Management published a guide on crypto ETFs highlighting spot Bitcoin and Ether ETFs as routes to crypto exposure for investors.
- • Pluang's market snapshot as of Nov 3, 2026 showed 44 of 50 major cryptocurrencies falling and only 5 rising.
Summary
Citi had planned to launch its institutional Bitcoin custody service through Custody+ in late 2026, but the expected launch did not take place last week, according to the Pluang report. VanEck's digital asset chief, Matthew Sigel, speculated that the delay may be tied to the recent Binance hack. Citi has not confirmed this explanation, and the primary source does not provide further detail on the reasons for the postponement or a revised launch timeline.
Separately, Citi Wealth Management released a guide on crypto exchange-traded funds, identifying spot Bitcoin and Ether ETFs as ways for investors to gain crypto exposure. The custody service and the ETF guide address different aspects of institutional and eligible-investor access to crypto assets.
The article also included Pluang's market snapshot as of November 3, 2026, at 10:21 WIB. Of 50 major cryptocurrencies priced on the platform, only five rose while 44 fell. ATOM (Cosmos) traded at Rp25,561 with a 1-day change of -4.90% and 96% buy-side order activity, while XLM (Stellar) was at Rp2,927, down 4.28%, with 99% sell orders. SAND (The Sandbox) was priced at Rp795, down 4.16%, with a near-even split of 48% sell and 52% buy orders.
Separately, Citi Wealth Management released a guide on crypto exchange-traded funds, identifying spot Bitcoin and Ether ETFs as ways for investors to gain crypto exposure. The custody service and the ETF guide address different aspects of institutional and eligible-investor access to crypto assets.
The article also included Pluang's market snapshot as of November 3, 2026, at 10:21 WIB. Of 50 major cryptocurrencies priced on the platform, only five rose while 44 fell. ATOM (Cosmos) traded at Rp25,561 with a 1-day change of -4.90% and 96% buy-side order activity, while XLM (Stellar) was at Rp2,927, down 4.28%, with 99% sell orders. SAND (The Sandbox) was priced at Rp795, down 4.16%, with a near-even split of 48% sell and 52% buy orders.
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