US wealth platforms still have over $31 trillion in capital that cannot be freely allocated to Bitcoin ETFs

Odaily Planet Daily reported that as of April 30, 2025, a total of $31.2 trillion in capital from major wealth management platforms in the United States is still prohibited or restricted from investing in Bitcoin ETFs. This includes institutions that are completely prohibited from investing (such as Vanguard), as well as platforms that have restrictions on account types, net worth, disclosure exemptions, and so on. In contrast, platforms such as Charles Schwab, Fidelity, and Wells Fargo have opened up full access to Bitcoin ETFs. The American Wealth Platform is a platform or company that provides investment advice, asset allocation, wealth management services, and financial products to high net worth individuals, families, or institutions. （Cointelegraph）