Wells Fargo to Pitch Bitcoin ETFs in September, Managing $1.73 Trillion Assets

Wells Fargo is set to begin actively pitching Bitcoin ETFs to its clients starting in September.

The financial institution, which manages $1.73 trillion in assets, is following in the footsteps of Morgan Stanley, which is already selling Bitcoin ETFs to its clients.

Wells Fargo advisors have been briefed on the specifics, including limits on retail portfolio percentages and account asset minimums of over $1 million.

This move positions Wells Fargo as one of the major U.S. banks embracing cryptocurrency investment products, alongside Morgan Stanley.

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