Since July, major Wall Street banks have sold over $530 million worth of bitcoin structured products.

According to Jinse Finance, citing Bloomberg, major Wall Street banks such as Goldman Sachs, JPMorgan, and Morgan Stanley are selling structured products linked to BlackRock's spot bitcoin ETF (IBIT) to high-net-worth clients. Since Jefferies issued the first related note in the U.S. in July, multiple institutions have followed suit, with cumulative sales exceeding $530 million, indicating that bitcoin is rapidly entering the mainstream financial product system.