Unlocking Opportunities: Merrill Lynch and Wells Fargo Embrace Spot Bitcoin ETFs
Introduction
In a groundbreaking move, two prominent wealth managers on Wall Street, Merrill Lynch and Wells Fargo, have announced their support for spot Bitcoin ETFs, marking a pivotal moment in the cryptocurrency investment landscape. This development comes nearly two months after the introduction of these products on major U.S. exchanges, reflecting a strategic response to the burgeoning demand within the market.