Bitwise Investment Director Matt Hougan said that the largest American brokers — Merrill Lynch, Morgan Stanley, Wells Fargo, and UBS — will start actively offering bitcoin ETFs to all clients as early as 2025.
These four giants manage assets worth about $10 trillion. According to Hougan, their connection will be a key driver of a new record for net inflows into BTC-ETFs.
Now net inflows into spot BTC ETFs in the United States are $39.14 billion
Over the past week, ~$708 million, according to SoSoValue
"That is why I expect a record to be set in 2025. The involvement of large brokers is a paradigm shift," Hougan said after speaking at the closing of a national conference for financial advisors.