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$10 Trillion Opportunity: Bitwise CIO Predicts Bitcoin ETFs to Hit Wirehouse Platforms by Year-End

  • Financial giants managing over $10 trillion in client assets may soon introduce Bitcoin ETFs on their platforms, marking a major mainstream exposure for wealth management.
  • Despite the delay in wirehouses integrating Bitcoin ETFs, the access is considered inevitable, with initial predictions pushed back from mid-2024.
  • The integration of Bitcoin ETFs by wirehouses could greatly increase accessibility and adoption, as it is compared to placing a product on a mainstream store shelf, potentially driving substantial growth.
  • As year-end nears, the focus shifts to whether traditional wealth management gatekeepers will embrace crypto-enabled investing, with anticipation high for potential developments.

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