Bitwise CIO Soon Expects Morgan Stanley & Wells Fargo To Join In The Etfs

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Amidst the growing popularity of BTC ETFs, the Bitwise’s Chief Information Officer (CIO) Matt Hogan, soon expects Morgan Stanley and Wells Fargo to join in. The spot ETFs continued attracting huge inflows of around $500 million on Monday. In an interview with CNBC, Hogan noted that initially,only the retail investors were stepping in. But now the institutional investors are also eyeing for a spot in the ETFs.
Hogan stated that currently they’re offering unsolicited investment facilities and would offer solicited services for the Bitcoin ETFs in near future, which would provide greater exposure to Bitcoin funds.