PANews reported on April 30 that Bitwise Chief Investment Officer Matt Hougan said 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, releasing potential capital inflows of up to US$10 trillion.
Currently, Morgan Stanley has opened related services to some clients, and institutional adoption is accelerating. Hougan expects ETF inflows to hit a record high this year. At the same time, SoFi also plans to restart encryption services by the end of 2025 .