Posted 2/29/2024, 7:19:00 PM
Major Brokerages Begin Offering Bitcoin ETF Options to Select Clients
- Bank of America's Merrill Lynch and Wells Fargo allowing select clients to invest in spot bitcoin ETFs
- These clients specifically requested exposure to bitcoin ETFs
- Follows launch of 10 bitcoin ETFs in January and speculation of when major brokerages would offer them
- CoinDesk previously reported Morgan Stanley considering giving clients bitcoin ETF option
- Entrance of major brokerages like Merrill Lynch, Wells Fargo, and potentially Morgan Stanley could spur further demand for bitcoin ETFs