"Major financial institutions are expanding crypto services across regulated finance, with Bitwise data showing 24 firms active in trading, custody, funds, payments, tokenization, or exchange-traded products. The activity points to wider use of regulated crypto access."
"Crypto exchange-traded products (ETPs) have become the broadest point of entry. Bank of America now provides Merrill wealth management clients access to spot bitcoin ETPs, reflecting client demand for regulated exposure. Vanguard also allows brokerage clients to trade crypto ETPs after previously blocking bitcoin ETFs. Blackrock, Fidelity, Franklin Templeton, Morgan Stanley, UBS, and Wells Fargo are also listed in the ETP category."
"Bitwise wrote on X on May 8: Banks and crypto: better together. Institutional infrastructure extends beyond investment access. BNY Mellon has integrated digital asset custody into core infrastructure, while Deutsche Bank has expanded into custody services through a partnership with Taurus. Cboe, Charles Schwab, CME Group, DBS, Deutsche Borse, Goldman Sachs, HSBC, Interactive Brokers, and the London Stock Exchange support trading venues, listed products, custody,"
Major financial institutions are expanding crypto services across regulated finance. Data shows 24 firms active in trading, custody, private funds, exchange-traded products, payments, and tokenization. Crypto exchange-traded products have become the broadest entry point for institutional exposure. Bank of America provides Merrill wealth management clients access to spot bitcoin ETPs. Vanguard allows brokerage clients to trade crypto ETPs after previously blocking bitcoin ETFs. Multiple large firms are listed across ETP access and institutional infrastructure. BNY Mellon has integrated digital asset custody into core infrastructure, while Deutsche Bank expanded custody services through a partnership with Taurus. Trading venues and listed product ecosystems are supported by major exchanges and brokers.
Read at news.bitcoin.com
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