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Ethereum and Bitcoin Eye $20 Trillion Wall Street Inflows as Platforms Open Access

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The Story

News Summary

  • Bitwise CIO Matt Hougan highlights that major wealth management platforms managing $20 trillion, including Morgan Stanley and Merrill Lynch, are beginning to allocate to Bitcoin and Ethereum.
  • Analysts view crypto's resilience against bad news as an indicator of a market bottom, driving potential massive institutional inflows.
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