Wall Street Controls Bitcoin (BTC) in Nine Days, How Is That Possible?
In just nine days, several of the world's largest financial institutions have taken significant steps in integrating Bitcoin into the traditional financial system.
Recent analysis by Shanaka Anslem Perera highlights how JPMorgan, Vanguard, and Bank of America have played key roles in this paradigm shift. This event not only changes the perspective on Bitcoin but also its potential future in the global financial ecosystem.
From November 24 to December 2, 2025, JPMorgan, Vanguard, and Bank of America have taken significant steps. JPMorgan launched a leveraged structured note linked to BlackRock's IBIT ETF. Meanwhile, Vanguard, previously anti-crypto, opened access to its $11 trillion platform for Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Solana (SOL) ETFs.
Bank of America gave the green light to its 15,000 financial advisors to recommend a 1-4% Bitcoin allocation starting in January. On the other hand, Goldman Sachs acquired Innovator Capital Management for $2 billion. These measures, when viewed together, show a coordination that is statistically nearly impossible, according to Perera.
