In response to growing client interest in cryptocurrency investments, Wells Fargo is set to enable its advisors to offer Bitcoin ETFs to a select group of clients. This move aligns with a broader trend among financial institutions to integrate Bitcoin and other cryptocurrencies into their investment offerings.
Read MoreIn a significant development for both traditional finance and cryptocurrency, Morgan Stanley has reportedly authorized its wealth advisors to offer Bitcoin exchange-traded funds (ETFs) to high-net-worth clients.
Read MoreIn a notable indication of increasing acceptance within mainstream finance, Morgan Stanley has disclosed a substantial investment of $269.9 million in Bitcoin through Grayscale’s GBTC trust, as noted in its first-quarter 13F filing.
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