According to reports from MicroStrategy, the company's Bitcoin Banking Adoption Index reveals a tight competition among Wall Street's largest banks for second place behind Fidelity. Goldman Sachs, JPMorgan, Morgan Stanley, and Citigroup each score within three points of one another, with Fidelity maintaining a commanding lead at 71%. The index, which grades 25 major banks on Bitcoin trading, custody, and product depth, was published with a 32% overall score based on public data through July 10. BNY follows Fidelity at 46%, while Goldman Sachs trails narrowly at 45%. As reported by MicroStrategy, the index measures structural adoption rather than short-term price swings, with Bitcoin trading near $64,539 on Sunday, up about 1% over 24 hours.
As reported by CNBC TV18, crypto's next chapter isn't about soaring token prices but whether banks and financial institutions can trust the technology enough to use it for real-world payments, settlements and tokenised assets. The competitive landscape shows JPMorgan Chase, Morgan Stanley, and Citigroup each landing at 43%, separated from Goldman Sachs by just two points. Record bank earnings this quarter demonstrate that JPMorgan and Goldman trading desks are already profiting from crypto-adjacent activity. The index measures structural adoption rather than short-term price swings, with Bitcoin trading near $64,539 on Sunday, up about 1% over 24 hours. Meanwhile, Vanguard illustrates the adoption gap, as the asset manager only recently began planning its own crypto strategy years after Fidelity built out its custody business.
According to MicroStrategy, several rivals are pursuing tokenization efforts across the sector, where more than 15 banks now compete to move assets on-chain, which could reshape future index gains. Goldman Sachs, JPMorgan, Morgan Stanley, and Citigroup are each developing several crypto initiatives slated for release within the current year, including new exchange-traded products, custody expansions, or tokenization tools. MicroStrategy's executive chairman Michael Saylor posted that major-bank Bitcoin adoption is accelerating but still early, with the 32% overall score as measured by the index. CNBC TV18 reports that the outcome of which bank ultimately claims second place potentially depends on which products actually ship before December arrives, as the industry moves beyond proving digital assets deserve to exist into practical real-world applications.
