Matt Hougan, the investment manager of Bitwise, a crypto asset management company, said that major financial institutions aim to provide Bitcoin ETF services to their customers until the end of 2025. According to the statements, four major financial institutions with total assets over 10 trillion dollars worldwide will provide this service.
Giant Banks and Crypto
Hougan, in a statement, Merrill Lynch, Morgan Stanley, Wells Fargo and UBS leading institutions such as, Bitcoin’e ETF products that will offer the opportunity to put on the market, he said. This development is interpreted as an indication of the increasing interest of corporate banks in the technology and crypto asset market.
Crypto Money Corporate Investors
In the note prepared for the investor, it was emphasized that institutions are expected to invest in Bitcoin by providing easier access with ETF products. Hougan, developments observed in the markets, especially corporate storage services, regulatory approaches and easy access to crypto assets, such as significant steps have been taken in the fields such as.
Matt Hougan, Bitwise’s Investment Officer, expressed his expectations with the following words:
“I think the four major financial institutions will start Bitcoin ETF services towards the end of the year. Therefore, I expect Bitcoin ETFs to break a new record in the net flow of money in 2025.”
“When you look a few years ago, the US government’s owner of Bitcoin or the world’s largest asset manager turned to this existence, such as developments, but now, many people will come to similar results.”
– Bitwise CIO Matt Hougan
Also, Hougan; He said that the market matures with the increasing interest of corporate investors and that Bitcoin’s accessibility was provided. This may be effective in the general acceptance of crypto assets and increasing the location in investor portfolios.
These statements, which stand out in the field of investment, suggest that both the interest at the institutional level increases and the innovations in the field of digital asset management can be welcomed by investors. Developments are considered as harbinger of steps that will affect market dynamics in the future.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
