• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Upcoming Events
    • TWS, Singapore (July 28-29, 2025)
    • WFIS, Philippines (September 23-24, 2025)
    • Forex Expo Dubai (October 6-7, 2025)
    • Merge Madrid (October 7-9, 2025)
    • European Blockchain Convention, Barcelona (October 15-17, 2025)
    • Blockchain Futurist Conference, Florida (November 5-6, 2025)
    • WFIS, Indonesia (November 25-26, 2025)
  • Past Events
    • Blockchain Life
    • BlockShow Europe
    • Event Horizon

Crypto Reporter

Online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies

Join us on Telegram: https://t.me/crypto_reporter
  • News
    • News Feed
    • Cryptocurrencies
      • Bitcoin
      • Altcoins
    • Payment solutions
    • Exchanges
      • Binance
      • bitFlyer
      • Bitfinex
      • CBOE
      • CME
      • Coinbase
      • Coincheck
      • Coinfloor
      • Nasdaq
      • Poloniex
    • Regulations
      • Australia
      • Belarus
      • China
      • Europe
      • India
      • Iran
      • Israel
      • Japan
      • North Korea
      • Philippines
      • Portugal
      • Russia
      • South Korea
      • Thailand
      • Turkey
      • Venezuela
      • Vietnam
      • United States
    • Blockchain platforms
    • Crypto news in brief
    • Stats & trends
    • Reviews
      • Ambrosus
      • ATN
      • Dash
      • Green Power Exchange
      • Power Ledger
      • ShapeShift
      • Waltonchain
      • Cryptocurrency market capitalization can top 4 trillion USD, under conservative estimates
    • Opinion
    • Sponsored
  • Press Releases

BofA’s Merrill and Wells Fargo offering bitcoin ETFs to clients

March 1, 2024 By Crypto Reporter

Wealth management giants, Bank of America’s Merrill and Wells Fargo, are offering the approved ETFs to some wealth management clients with brokerage accounts who request the products, Bloomberg reported, citing people familiar with the matter.

“Spot bitcoin ETFs are available for unsolicited purchases through an advisor with Wells Fargo Advisors or through our online WellsTrade platform.” Wells Fargo said.

The ETFs have been available to clients for weeks, a source familiar with Bank of America’s plans told.

After years of struggle with the SEC, 11 spot bitcoin ETFs started trading in the United States last month. Such ETFs offer investors exposure to the world’s largest cryptocurrency without directly holding it.

The ETFs have opened up the asset class to new investors and reignited the excitement that had evaporated when prices collapsed in the “crypto winter” of 2022.

The growing popularity of such investments has even prompted some investors to swap out holdings in gold-backed ETFs. Bitcoin is often touted as the “digital gold”.

Filed Under: General News, Latest News, News Tagged With: bitcoin, BTC, cryptocurrency, ETF, Merrill, Merrill Lynch, news, Wells Fargo

Primary Sidebar

Follow Us

Press Releases

As Ripple (XRP) Awaits Legal Clarity, Little Pepe (LILPEPE) Could Soar to $0.10

July 5, 2025

Dogecoin Price Prediction: Will DOGE Reach $1 If Elon Mentions It Again, or is 2025 Little Pepe’s (LILPEPE) Year to Shine?

July 4, 2025

MetaWealth becomes first RWA investment platform to distribute 1 million USD to token holders

July 3, 2025

DFINITY Foundation Launches Niobium Milestone, Bringing New Levels of Privacy with vetKeys Technology on the Internet Computer

July 3, 2025

Crypto’s Biggest Ecosystems are Scaling with Cosmos: Sovereign EVM Day Recap

July 3, 2025

TWS Conference

Forex Expo Dubai

Merge Madrid

Futurist Conference

Footer

Crypto Reporter is an online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies
About us
Contact us
Submit press-release

Search

2017-2025 Crypto Reporter