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Four major wealth management institutions plan to open investment channels for Bitcoin Spot ETF by the end of 2025.
According to the Gate.io News bot, The Block reports that Bitwise Chief Investment Officer Matt Hougan revealed that four top wealth management institutions in the United States—Merrill Lynch, Morgan Stanley, Wells Fargo, and UBS—are advancing their Bitcoin spot ETF investment business. These four institutions currently manage a total of over $10 trillion in client assets. Matt Hougan also pointed out that the net inflow scale of Bitcoin spot ETFs this year is setting new historical records.