If a bank creates a BTC fund they make money every time someone buys or sells a stake in that fund. If people want an easy way to buy or sell BTC (and I suspect they do), then the banks will want to profit from that need.
...and it's also possible they want their own positions; I assume if that's the case they're already buying (and I haven't looked for evidence of that).
...and it's also possible they want their own positions; I assume if that's the case they're already buying (and I haven't looked for evidence of that).
Unlikely they're buying anything right now. The total dollar value in play on the exchanges is so small any activity on their part would change the market.
It's the same reason big investment blocks don't play with penny stocks. There just isn't money to made on the scale a bank would be interested in
Add to that the fact that the exchanges at this point are unreliable. Banks aren't about to put money into something they can't easily get it back out of.