Key dealers
- A trillion-dollar bank has cleared the bite crypto-ETF for adviser-handled accounts.
- Approval signals that grow institutional acceptance of regulated crypto investment products.
A global bank with over $ 1 trillion in the management of assets has approved a crypto-exchange-traded fund from Bitwise Asset Management for its handled account platform, which was revealed by Bitwise CEO Hunter Horsley on Tuesday.
Pleased to report –
One of the leading banks globally, which handles> 1 trillion $ aum in wealth management, approved a bit of crypto ETF for advisers to use in handled accounts.
Now work is starting to support 1000’s of advisors who build their dissertation on crypto. Work we love to do … …
– Hunter Horsley (@hhorsley) July 8, 2025
The approval allows wealth managers and financial advisors working with the bank to assign customer funds to Crypto ETF as part of their standard investment. While the bank’s identity remains unclear, its trillion dollar scale indicates increased institutional support for crypto investment products.
Bitwise is one of the first fund managers that successfully launches Tot Bitcoin and Ethereum ETF in the US market.
Horsley’s statement came after Morgan Stanley began to enable its financial advisors Recommend Spot Bitcoin ETFS Like Blackrock’s Ishares Bitcoin Trust and Fidelity’s wise origin Bitcoin Fund in August last year.
The latest development represents a transition from self -controlled crypto investments to mainstream wealth management, as managed accounts usually serve individuals with high net worth and institutional customers.
