2 hours ago

Bitcoin ETFs Set to Hit $30B as Wirehouse Access Fuels Inflows

TLDR Bitcoin ETFs are experiencing record institutional inflows, with Q3 reaching $22.5 billion and projections aiming for $30 billion. Major brokerages, such as Morgan Stanley and Wells Fargo, now allow advisors to offer Bitcoin ETFs directly to clients. IBIT has become BlackRock’s most profitable ETF, earning $244.5 million annually and nearing $100 billion in assets. [...]

The post Bitcoin ETFs Set to Hit $30B as Wirehouse Access Fuels Inflows appeared first on Blockonomi.

Source: Blockonomi →