U.S. Bank Integrates Bitcoin in Wealth Management, 20% of Several Hundred Branches Own Bitwise ETF, Two Stocks Hold Bitcoin

A recent report highlights that a significant U.S. bank has integrated Bitcoin and cryptocurrency into its wealth management strategy, with 20% of its branches, amounting to several hundred, owning a Bitwise ETF. This move reflects a broader trend where nearly all financial institutions are adopting cryptocurrency, indicating that Bitcoin is becoming increasingly mainstream. Additionally, it was noted that two of the top three stocks in a related list have Bitcoin on their balance sheets, further emphasizing the cryptocurrency's growing acceptance in traditional finance.