Bitwise CIO Predicts Merrill Lynch, Morgan Stanley, Wells Fargo, UBS to Open Bitcoin ETFs Access, Driving Record Inflows in 2025
Apr 30 2025 bitcoin
Matt Hougan, Chief Investment Officer at Bitwise, has indicated that the four major U.S. wirehouses—Merrill Lynch, Morgan Stanley, Wells Fargo, and UBS—are expected to fully open access to spot Bitcoin exchange-traded funds (ETFs) by the end of 2025. These institutions collectively manage over $10 trillion in assets. Hougan predicts that this development will lead to record inflows into Bitcoin ETFs in 2025, signaling increased institutional adoption of cryptocurrency investment products. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
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