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U.S. wealth platforms still have more than $31 trillion in capital that cannot be freely allocated to Bitcoin ETFs

2025-05-01 04:32

Odaily News As of April 30, 2025, a total of $31.2 trillion of capital in major U.S. wealth management platforms is still prohibited or restricted from investing in Bitcoin ETFs. This includes institutions that completely prohibit investment (such as Vanguard), as well as platforms that set limits on account types, net worth, disclosure exemptions, etc. In contrast, platforms such as Charles Schwab, Fidelity, and Wells Fargo have opened full access to Bitcoin ETFs.
The US wealth platform is a platform or company that provides investment advice, asset allocation, financial services and financial products to high-net-worth individuals, families or institutions. (Cointelegraph)