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Merrill Lynch, Morgan Stanley, Wells Fargo And UBS Will Offer Bitcoin ETFs To Clients By Year-End, Bitwise CIO Says, Predicting Record Inflows

By Yahoo! Finance   |   1 week ago
Merrill Lynch, Morgan Stanley, Wells Fargo And UBS Will Offer Bitcoin ETFs To Clients By Year-End, Bitwise CIO Says, Predicting Record Inflows

Spot Bitcoin exchange-traded funds have seen success despite banks restricting wealth advisors from pitching them due to risk concerns. However, this may change soon, potentially boosting fund inflows and Bitcoin's price. Major wirehouses are expected to offer Bitcoin ETFs to clients by year-end, driving record inflows.

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