60% of top US banks are geared up for Bitcoin: River

A new market analysis released by Bitcoin financial services company River suggests a massive institutional shift toward digital assets, revealing that 60% of the top US banks are actively implementing or planning strategies to integrate Bitcoin services.

River’s report indicates that this integration is moving beyond simple passive observation and into concrete action, driven primarily by overwhelming client demand—particularly from high-net-worth individuals and institutional funds. The ‘gearing up’ encompasses a variety of services, including the establishment of institutional custody solutions, the offering of regulated Bitcoin futures and derivatives, and the provision of access to spot Bitcoin ETFs for wealth management clients.

For major Wall Street institutions, incorporating Bitcoin has become a competitive necessity. By offering in-house access, banks are aiming to retain assets under management that might otherwise migrate to specialized digital asset custodians or crypto exchanges. Several large banking entities, including those previously skeptical of cryptocurrencies, have publicly confirmed their involvement in the digital asset space, either through strategic partnerships or the direct launch of dedicated crypto desks.

The findings validate the maturing status of Bitcoin within the traditional finance (TradFi) sector, cementing its role as a recognized asset class. River concludes that this widespread adoption by a majority of leading US financial institutions signals robust institutional validation and anticipates a continued acceleration of Bitcoin integration across the global financial system.

Source: 60% of top US banks are geared up for Bitcoin: River