Seyffart: Trillions in Advisor Assets Kept Out of Bitcoin ETFs by Wirehouse Rules
- —Seyffart: advisor capital stays out of Bitcoin ETFs due to wirehouse internal restrictions
- —Products trade and move volume, but the advised channel for wealthy clients remains largely closed
- —Most ETF inflows so far come from self-directed investors and funds, not advisors
- —Unlocking that channel depends on revised allocation limits and approved-product lists, a process measured in quarters
Why it matters: If wirehouses open access, Bitcoin ETFs could tap advisor-managed capital that is currently sitting on the sidelines.
Source: CriptoTendencias