based on materials from the site - By DT News
According to Bitwise CEO Hunter Horsley, on July 8, 2025, a global bank with assets under management of over $1 trillion approved the Bitwise cryptocurrency ETF for use in advisor-managed accounts.
This indicates that large financial institutions are beginning to embrace regulated crypto investment products, as more wealthy clients seek to add something new to their portfolios beyond traditional stocks and bonds.
Although the name of the bank is not disclosed, its assets under management (AUM) exceed $1 trillion, making it one of the largest and most influential asset managers in the world.
This approval now allows financial advisors to include the Bitwise cryptocurrency ETF in their clients' investment portfolios, relying on strong institutional support and thorough due diligence procedures.
This signifies a significant shift in institutional sentiment towards cryptocurrencies. Previously, most people could only invest in cryptocurrencies on their own or through a few specialized funds. But now, with this approval, the Bitwise cryptocurrency ETF stands alongside conventional investments like stocks and bonds in managed accounts, primarily used by wealthy and institutional clients.
Bitwise CEO Hunter Horsley stated that the next step will be to assist many financial advisors in developing sound cryptocurrency investment plans. His words indicate Bitwise's readiness to help financial advisors understand and manage this growing asset class.
The transition from self-managed cryptocurrency to managed accounts is rapidly gaining momentum. Financial advisors are increasingly seeking regulated cryptocurrency options that they can confidently recommend to their clients.
"Managed cryptocurrency investments connect traditional investments with the future of blockchain," explained Marcus Dillingham, a digital asset strategist. He added: "This approval shows that we are very close to cryptocurrency becoming an integral part of mainstream investing."
This move follows the example of major firms like Morgan Stanley, which have already begun allowing their advisors to recommend spot bitcoin ETFs from well-known companies such as BlackRock and Fidelity. Horsley's social media post attracted the attention of traders and analysts, leading to speculation about which major bank will lead this significant step towards crypto investments.
As this move may soon lead to widespread adoption. Although the name of the bank is not yet disclosed, its enormous size, with over $1 trillion in assets under management, indicates its influence in the financial world.
When a bank of this scale approves the Bitwise crypto ETF for portfolio management, it could encourage other large financial firms to follow suit, especially considering that more clients are eager to invest in digital assets.
"This could be the first step that propels the entire industry to add crypto ETFs to conventional investment portfolios," said Lia Moretti, senior ETF analyst at Arkbridge Investments.
A new era of portfolio diversification is beginning. Now that the Bitwise crypto ETF is available for managed accounts, advisors can add digital assets using the same tools, risk checks, and rules they are already familiar with.
This simplifies the inclusion of cryptocurrencies in portfolios for advisors, especially those who need to adhere to strict regulations while offering a broader range of investment opportunities for their clients.
Bitwise has always supported easier access to crypto investments, with a focus on clear rules, ease of trading, and high security of its ETF offerings. The company's commitment to this principle is evidenced by the growing list of regulated products, each meeting the standards of traditional investment solutions.
The approval of the Bitwise crypto ETF by a $1 trillion bank indicates that digital assets are becoming part of the traditional financial sphere. This move is not just about offering a new product; it also reflects a growing trust.
As Bitwise helps an increasing number of advisors in the crypto investment space, this approval could be a pivotal moment for digital assets to become an integral part of investment portfolios.
Summary
A global bank with $1 trillion in assets has approved the Bitwise crypto ETF for advisor-managed accounts, allowing financial advisors to add it to client portfolios. This step reflects a growing interest in crypto investments from major financial institutions.
Experts believe this could lead to broader adoption of crypto ETFs, especially as wealthy clients seek more opportunities. Bitwise plans to help advisors better understand crypto investments. This approval may be an important step toward making digital assets an integral part of core investment strategies.
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