Major Brokerages Ready to Embrace Bitcoin ETFs

Major financial institutions are gearing up to offer Bitcoin exchange-traded funds (ETFs) to their clients, according to Matt Hougan, Investment Director at Bitwise. This move is poised to significantly increase institutional access to spot Bitcoin ETFs, potentially quadrupling it. While the current interest in ETFs like Bitwise’s BITB fund hasn’t reached expectations, Hougan believes this year holds great promise for increased adoption.