Feb. 3 at 3:48 PM
$KULR ....Bitcoin's (CRYPTO: BTC) price has declined nearly 20% over the past 12 months. However, the world's top cryptocurrency still has significant institutional backing.
Goldman Sachs (NYSE: GS) reportedly held
$1.6 billion in Bitcoin exchange-traded funds (ETFs) at the end of 2024, while JPMorgan (NYSE: JPM) had invested about
$343 million in those ETFs as of last November. Other major banks, including Bank of America (NYSE: BAC) and Wells Fargo (NYSE: WFC), have also made modest investments in Bitcoin...https://www.nasdaq.com/articles/big-banks-are-loading-bitcoin-should-individual-investors-do-same