Which banks allow spot BTC ETFs?

TLDR

Some U.S. banks now permit access to spot Bitcoin ETFs via their wealth platforms. Bank of America (via Merrill) allows advisers to recommend and cover four spot BTC ETFs (finance report).

1. Bank of America: adviser?led access and CIO coverage of BlackRock, Fidelity, Grayscale, and Bitwise spot BTC ETFs (finance report).
2. Charles Schwab: custodies significant crypto ETF assets and targets spot crypto trading within 12 months (company statements in a media article).

Deep Dive

1. Bank of America

Bank of America (Merrill) now formally supports adviser?led recommendations of spot Bitcoin ETFs for suitable wealth clients.

1. The banks CIO guidance frames a 1%4% digital?asset sleeve and begins coverage of BlackRock, Fidelity, Grayscale, and Bitwise spot BTC ETFs for wealth clients (finance report).
2. Separate coverage reiterates that advisers can proactively recommend spot BTC ETFs, moving beyond client?initiated access (the report above).

2. Schwab And Others

Charles Schwab supports crypto ETFs and aims to add direct spot crypto trading; other major banks are adding linked products.

1. Schwab executives say the firm already custodies substantial crypto ETF assets and plans spot crypto trading within 12 months, contingent on regulatory conditions (company statements in a media article).
2. JPMorgan has filed a structured product tied to BlackRocks Bitcoin ETF, signaling institutional pathways even where direct spot ETF access may be gated (the finance report above).

Conclusion

Access to spot Bitcoin ETFs is expanding inside traditional wealth channels. Today, Bank of Americas adviser?led framework and Schwabs custody plus near?term trading plans show mainstream banks are integrating regulated BTC exposure, though availability still varies by client type and jurisdiction. To act, verify your banks current policy and eligible products, since support often rolls out in phases.