U.S. Bancorp Restarts Bitcoin Custody After SEC Rollback as ETF Demand Surges

U.S. Bancorp has relaunched institutional Bitcoin custody after a three-year pause, citing clearer U.S. rules and ETF demand. The bank has limited service to funds for now and has indicated further assets could follow as peers including BNY Mellon, Fidelity, and Coinbase have offered custody.