The Chief Investment Officer of the Crypto Asset Management Firm Bitwise says that regular banking institutions will launch Exchange -Traded Fund (ETF) services by the end of 2025 Bitcoin (BTC).
In a new note for investors, Bitwise Cio Matt Hougan out The four largest wire houses in the world – Merrill Lynch, Morgan Stanley, Wells Fargo and UBS – who together have more than $ 10 trillion in assets, will soon strive to give their customers access to the Crypto king via ETFs.
“I suspect that all four wirehouses will be open to Bitcoin ETFs by the end of the year by the end of the year. It is one of the reasons why I still expect Bitcoin ETFs this year will set a new record on Netto entry, despite the fact that they have ‘only kicked’ $ 3.7 billion in 2025 in 2025555
Hougan also predicts that more institutionally oriented investors open up to Bitcoin as more and more milestones are touched. The investor notes that previously unimaginable developments are always happening for the flagship Crypto Asset, such as institutional detention, government adoption and easy access via ETFs.
“If you even go back a few years, it seemed what we thought it would cost-such as the American government that embraced the asset manager in the world or the great asset manager in the world. But here we are …
I think many people will come to the same conclusion this year. “
Bitcoin acts for $ 93,869 at the time of writing, a fall of 1.1% during the last 24 hours.
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Featured image: Shutterstock/Jorm S