Bitwise Predicts Major Wirehouses to Open Bitcoin ETF Access

Merrill Lynch, Morgan Stanley, Wells Fargo, and UBS might provide full access to spot Bitcoin ETFs by 2025, as projected by Bitwise’s CIO Matt Hougan.

Expanding wirehouse access to Bitcoin ETFs could intensify institutional crypto investments .

A market shift may occur as Merrill Lynch, Morgan Stanley, Wells Fargo, and UBS integrate Bitcoin ETFs by 2025, removing access barriers. Driven by advisors’ increasing appetite for crypto, this move signals potential increased market participation and record inflows.

Matt Hougan, Bitwise CIO, forecasts broader Bitcoin ETF availability at major wirehouses by 2025. Historically restricted, these entities may soon open access, responding to rising crypto demand. Current access restrictions might ease as the Mainstream Era of Crypto progresses.

“Advisors are awakening to crypto’s potential like never before, and they’re allocating like never before. …We see that changing in 2025 as the Mainstream Era of Crypto continues apace.” Matt Hougan, Chief Investment Officer, Bitwise Asset Management

Expectations of Bitcoin ETF acceptance at top wirehouses could stimulate record inflows , legitimizing Bitcoin’s status. This may boost additional institutional engagement in the crypto sector, potentially affecting other cryptocurrencies and related infrastructure positively.

Should wirehouse access expand, the immediate financial impact favors Bitcoin, bolstering its position as a mainstream asset. Institutional adoption trends and client demand may further drive market growth, benefitting adjacent blockchain ecosystems as well.

Insights suggest increased institutional embrace of Bitcoin ETFs could enhance market liquidity and adoption. Drawing parallels with gold ETF history, similar inflows might fuel Bitcoin’s price and broader acceptance. Anticipate regulatory scrutiny aligning with past innovation-driven shifts.