Bitwise Chief Investment Officer Matt Hougan stated that mainstream wealth management platforms such as Merrill Lynch, Morgan Stanley, Wells Fargo, and UBS are expected to fully open Bitcoin ETF investment channels by the end of 2025, potentially releasing up to $10 trillion in capital inflows.
Currently, Morgan Stanley has already opened related services to some clients, and the adoption rate among institutions is accelerating. Hougan expects ETF inflows to reach a record high this year. Meanwhile, SoFi also plans to restart crypto services by the end of 2025.
