Fox Business: Four Wall Street financial institutions have decided not to offer clients spot Bitcoin ETF investment services
ChainCatcher news, according to Fox Business, a few Wall Street financial institutions are blocking retail investors from purchasing spot Bitcoin ETFs. In addition to the previously disclosed global second-largest asset management company Vanguard and Merrill Lynch, financial services firms Edward Jones and Northwestern Mutual, which serve the Fortune 500 companies, also do not intend to offer their clients investment opportunities in the 11 approved Bitcoin ETFs. Currently, representatives from Merrill Lynch, Edward Jones, and Northwestern Mutual have not responded to requests for comments on this matter.