Matt Hougan: Four More Major Banks to Accept Bitcoin Spot ETFs by Year-End
Matt Hougan Predicts Major Institutional Shift: Four Big Banks Will Embrace Bitcoin Spot ETFs by Year-End
Matt Hougan, Chief Investment Officer at Bitwise Asset Management, has made a bold forecast that could dramatically shift the landscape of institutional cryptocurrency investment. According to Hougan, Merrill Lynch, Morgan Stanley, Wells Fargo, and UBS — all of which have yet to offer clients access to Bitcoin spot ETFs — are expected to reverse course by the end of 2025.
"Once these institutions open the gates, we'll witness a record-breaking influx of capital into Bitcoin spot ETFs," Hougan stated.
- These four banks collectively manage trillions of dollars in client assets.
- Their approval would grant high-net-worth individuals and conservative portfolios direct access to Bitcoin exposure through regulated ETFs.
- It would legitimize Bitcoin further as a mainstream, institutional-grade asset.
Hougan believes this shift will spark global recognition of Bitcoin as a reliable hedge against economic volatility and a long-term store of value. As more companies adopt Bitcoin spot ETFs, it strengthens the case for:
- Bitcoin's role in diversified portfolios.
- Greater price stability and upward momentum.
- Broader regulatory acceptance.
Earlier, Coinbase Asset Management President Sebastian Bea noted that the crypto market is entering a new institutional era, but also warned that this era must be met with measured risk management and regulatory readiness.
Takeaway:
If Hougan's prediction comes true, Bitcoin could benefit from one of its most significant waves of institutional inflows, setting the stage for new all-time highs and further integrating crypto into the global financial system
