Posted 2/29/2024, 11:04:00 PM
Major Banks Embrace Bitcoin ETFs Amid Cryptocurrency Growth, But Vanguard Remains Wary
- Wells Fargo and Bank of America's Merrill to offer bitcoin ETFs to clients
- Bitcoin ETFs recently saw record high trading volumes as bitcoin price surged
- Morgan Stanley reported to be doing due diligence to also offer bitcoin ETFs
- Acceptance of bitcoin ETFs shows crypto becoming more mainstream investment
- While some firms embrace crypto ETFs, Vanguard calls crypto "more speculation than investment" and won't offer