Sources: Merrill Lynch is watching the Bitcoin spot ETF trading

ChainCatcher news, Fox Business reporter Eleanor Terrett posted on the X platform that Merrill Lynch currently does not support Bitcoin spot ETF trading. According to sources, Merrill Lynch is waiting to see if the ETF can trade effectively before deciding whether to change its current internal policy that does not allow such products.

Merrill Lynch is one of the largest retail brokerage firms and investment banks in the world, headquartered in New York.