60% of Top US Banks Now Offer Bitcoin Services

Edgen Crypto

·Jan 27 2026, 07:07

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Key Takeaways

A new report from financial services firm River shows a significant shift in the US banking sector, with a majority of top institutions now providing or planning to offer Bitcoin-related services. This move signals deepening institutional adoption and could unlock trillions in assets for the digital currency market.

60% Adoption Rate: A report from River indicates that 15 out of the top 25 US banks are now involved in Bitcoin, offering services like custody and trading.
$7.3 Trillion in Assets: Three of the "Big Four" banks—JPMorgan Chase, Wells Fargo, and Citigroup—are among those entering the crypto space, representing over $7.3 trillion in combined assets.
Key Holdouts Remain: Bank of America, the second-largest US bank with over $2.67 trillion in assets, has not yet announced any plans for Bitcoin services.

60% of Top US Banks Enter Bitcoin Market

Fifteen of the top 25 banks in the United States are now offering or actively exploring Bitcoin-related services, according to a Monday report from Bitcoin financial services firm River. The analysis, which states that "60% of the top US banks are into Bitcoin," highlights a decisive trend of traditional financial institutions embracing digital assets. This shift is corroborated by comments from Coinbase CEO Brian Armstrong following the World Economic Forum in Davos from January 19-23. Armstrong noted that most bank CEOs he met are now "very pro crypto," with one chief of a top 10 global bank describing crypto as their "number one priority" and viewing it as "existential."

Big Four Banks with $7.3T in Assets Lead Adoption

Three of the four largest US banks are leading this institutional push. JPMorgan Chase is considering adding crypto trading, Wells Fargo provides Bitcoin-backed loans to institutional clients, and Citigroup is exploring institutional custody services. Together, these three institutions command over $7.3 trillion in assets. Swiss banking giant UBS, which has a major US presence, also recently joined the list and is reportedly exploring Bitcoin and Ether trading for its wealthiest clients. However, significant players remain on the sidelines. Bank of America, the nation's second-largest bank with $2.67 trillion in assets, has not yet announced plans to integrate Bitcoin services, representing a substantial, untapped portion of the traditional banking sector.