Merrill Lynch, Morgan Stanley, Wells Fargo And UBS Will Offer Bitcoin ETFs To Clients By Year-End, Bitwise CIO Says, Predicting Record Inflows
From Yahoo Finance: 2025-05-04 11:14:00
Major financial institutions are expected to offer Bitcoin ETFs to clients, potentially boosting inflows and prices. $31 trillion in wealth management capital is currently restricted from accessing these funds, but change is on the horizon. ETF inflows impact Bitcoin’s price, with a $200,000 year-end target set by Bitwise. Michael Saylor warns against waiting to invest in Bitcoin.