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U.S. Asset Managers with $38 Trillion in AUM Are Yet to Embrace Bitcoin

U.S. Asset Managers with $38 Trillion in AUM Are Yet to Embrace Bitcoin


The Defiant
2025-04-02 19:16:40

Despite Bitcoin’s (BTC) integration into mainstream finance with the advent of exchange-traded funds (ETFs), approximately $38 trillion of capital held by some of the largest U.S. brokerages remains restricted from Bitcoin investments, according to Tephra Digital. Seven out of the ten largest U.S. asset managers remain skeptical of BTC, as noted by the CEO of Bitcoin Investment Group, Eric Weiss, in a post on X. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io


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