According to PANews, Bitwise Chief Investment Officer Matt Hougan said that platforms such as Merrill Lynch, Morgan Stanley, Wells Fargo and UBS are expected to open Bitcoin ETF investment by the end of 2025, releasing potential capital inflows of US$10 trillion.

Currently, Morgan Stanley has opened related services to some clients, and institutional adoption is accelerating. Hougan expects ETF inflows to hit a record high this year. At the same time, SoFi plans to restart encryption services by the end of 2025.