It was in the wake of the 2008 global financial crisis that Bitcoin (BTC) was launched a year later to challenge the dominance of Wall Street in international money circles.

Since then, the cryptocurrency has come a come a long way and is now a $1.3 trillion behemoth despite the ongoing crash.

Wall Street giants like BlackRock (NYSE: BLK) were at first quite critical of Bitcoin, but growing adoption and soaring value drove the asset manager to launch a U.S. spot exchange-traded fund (ETF) linked to the crypto asset in January 2024. The success of the spot Bitcoin ETF encouraged BlackRock to launch a spot ETF linked to Ethereum (ETH) in July the same year.

Now, a 154-year-old banking institution has also decided to offer…