Bitcoin Spot ETFs Hit New All-Time High Since January 2024 Launch Without Advisor Recommendations, Says Coinbase’s John D’Agostino

Bitcoin spot ETFs have reached a new all-time high in assets under management as of May 2025, driven purely by investor demand without the involvement of brokers, financial advisors, or portfolio managers recommending them. Coinbase Institutional’s head of strategy, John D’Agostino, highlighted that fund managers have not yet allowed their sales teams to promote these ETFs, likening the situation to a shoe salesman not being permitted to sell Nike products. Industry observers anticipate a substantial surge in inflows once financial advisors and Wall Street firms begin recommending Bitcoin ETFs, which have been the most successful ETF launches in history since their introduction in January 2024. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Source: The Defiant