Merrill and Wells Fargo Said to Offer Bitcoin ETFs to Wealthy Clients Amid Surging Crypto Demand
• Merrill and Wells Fargo reportedly offering Bitcoin ETFs to top wealth management clients • Comes as spot Bitcoin ETFs see huge interest, with over $17B invested in "newborn nine" since January approval • ETFs let investors get exposure to volatile asset without directly owning it • Crypto funds seeing unprecedented inflows, $2.45B in just two weeks after ETF approval • Analysts examining if retail investors already claiming significant share amid grassroots demand