Why Wall Street Firms Are Eyeing Spot Bitcoin ETFs
Etftrends·2025-09-16 20:34
"Even the most conservative firms on Wall Street are starting to lean into bitcoin. Morgan Stanley was among the first to offer access to bitcoin funds back in 2021, and is now preparing to add spot bitcoin ETFs to its platform,†Braxton notes. Merill Lynch, Wells Fargo, and JPMorgan Chase have also begun allowing limited client access to these ETFs, typically for high net worth or discretionary accounts. These firms are risk- averse giants, so their involvement speaks volumes about bitcoin's growing legitim ...