Truist Offers Bitcoin ETF Trading to Private Wealth Clients

Truist Investment Services, a unit of U.S. financial institution Truist, has added digital assets to its private wealth management services, allowing eligible clients to gain indirect exposure to Bitcoin through regulated ETFs. The move reflects efforts by traditional financial institutions to meet rising client demand while balancing portfolio diversification, regulatory compliance and price volatility risks.

Truist Investment Services has opened trading in spot Bitcoin ETFs sponsored by Fidelity and BlackRock to private wealth clients. Reports did not disclose the exact announcement date, minimum investment, trading fees or client asset thresholds. The service is currently limited to private wealth management clients and has not been extended to general retail banking customers.