Trillion-dollar bank clears Bitwise crypto ETF for advisor-managed accounts

A leading bank managing over 1 trillion USD in assets has okayed the Bitwise crypto ETF for advisors’ use. Bitwise’s CEO, Hunter Horsley, expressed excitement, highlighting a trend toward integrating cryptocurrency into managed wealth strategies.

This marks Bitwise as one of the first managers to provide spot Bitcoin and Ethereum ETFs in the US, reflecting a shift from personal investments to professionally curated portfolios for high-net-worth clients.

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