WELLS FARGO AND BANK OF AMERICA’S MERRILL LYNCH ARE NOW OFFERING SPOT BITCOIN ETFS TO CLIENTS

Summary from the TLDR Crypto newsletter

Merrill Lynch and Wells Fargo's brokerage unit have started offering select wealthy clients access to Bitcoin ETFs. This action shows banks are acknowledging the increased interest and demand for Bitcoin from affluent clientele seeking to diversify their portfolios and tap into Bitcoin's non-correlated growth potential. It is another example of further legitimization and integration of Bitcoin into traditional finance.