While this is true, โwe see bitcoin ETFs as on the cusp of approvals at major wirehouses and large private bank platforms in Q3/Q4,โ analysts Gautam Chhugani and Maihka Sapra wrote. Spot bitcoin ETFs were approved for the first time in the U.S. in January, dramatically broadening access to the worldโs biggest cryptocurrency.
Bitcoin (BTC) and Crypto Related Stocks Are Ripe for Institutional Adoption: Bernstein