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Advisor Crypto Products Advance with Prometheum ETH Trade as BTC Hits $77,640

On May 21 2026, crypto products for financial advisors reached new sophistication levels with Prometheum clearing the first ETH transaction inside a U.S. brokerage account. The move follows the January 2024 launch of spot-bitcoin ETPs and coincides with BTC trading at $77,640.65 amid nearly $120 billion in total spot-crypto ETF assets. Expanded SMA offerings, options-based income ETFs such as NEOS BTCI ($1.3 billion AUM), and Bitwise model portfolios on Nitrogen are shifting flows from crypto platforms into traditional channels. RIAs already hold $22.7 billion in IBIT and $4.6 billion in ETHA, underscoring accelerating institutional adoption while custody and margin-call risks remain key considerations.

Category

Bitcoin

Sentiment

Neutral

Event

Market commentary

Reading time

1 min