U.S Banks 🏦
More than two years after the first 11 spot Bitcoin ETFs launched in the U.S., a 12th product is set to debut this Wednesday issued by a top 10 Wall Street bank with over $1.9 trillion in assets under management.
The first wave of spot Bitcoin ETFs began trading in January 2024, led by BlackRock, Fidelity, and Ark Invest. This upcoming ETF marks the 12th spot Bitcoin ETF in the U.S. market.
A top 10 Wall Street bank with $1.9 trillion AUM is behind the launch, signaling deeper institutional adoption.The ETF will provide regulated exposure to $BTC , expanding access for retail and institutional investors.