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According to a report from CoinWorld, Bitwise Chief Investment Officer Matt Hougan stated that mainstream wealth management platforms such as Merrill Lynch, Morgan Stanley, Wells Fargo, and UBS are expected to fully open Bitcoin ETF investment channels by the end of 2025, releasing up to $10 trillion in potential capital inflow. Currently, Morgan Stanley has opened related services to some clients, and the pace of institutional adoption is accelerating. Hougan expects that ETF capital inflows will hit a historic high this year. At the same time, SoFi also plans to restart encryption services by the end of 2025.

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